yes you are correct that was an typo error on my part and i...

yes you are correct that was an typo error on my part and i apologise.

to clarify for a PB of 1.45 the share price would need to be $0.004 or 0.4 of a cent.

I am willing to buy at $0.05 or 5.0c because despite the PB ratio at this price being 16.89 when the market average is 1.45 (its infact lower now after todays drops), this is a highly speculative stock and the possible returns are still unknown. I am also buying on the pretext of increased hype and optimism in the near future will push the price higher in the short term as this is not a stock I plan to hold onto for very long unless any new fundamentals become apparent to support its price.

Any speculating I do on this stock are like me going to the casino. But its fun and I enjoy it.
I don't consider this trade an investment by any means.