Is this correct?
The total dilution in SP (in dollars) equals the number of new shares issued times the difference between [last SP ($1.83) and the price of the new shares($1.10)].
The total dilution amount divied by the current number of shares issed (770M) should equal the dilution in share price.
Current SP minus this dilution should equal dilutes SP.
My guess is that this will be around the $1.30 mark
The amount above this diluted share price should equal the premium that the market is willing to pay for the improved outlook.
I have no training here, and it's all from first principals as I understand it. I will try to do the math after I have some tucker.
Would appreciate the input of any experienced and clever humans.
John S.
Is this correct?The total dilution in SP (in dollars) equals the...
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