Doubt this ever trades at 51c without some significant...

Doubt this ever trades at 51c without some significant catalyst.

They'll be printing 1.05B/30.9m shares for Susquehanna and have already proposed an additional 1.2B/35m share raise to be voted on at the same EGM as the consolidation vote.

At the current market cap (~$112m) that puts the SP at ~$0.0115 pre-consolidation or ~$0.39c post-consolidation.

Forecast SOI (slight discrepancies due to rounding).

		Pre-Consolidation	Post-Consolidation
	Current SOI	7,467,020,803	219,618,259
	Susquehanna Con Notes	1,052,631,579	30,959,752
	Consolidation Raise (Resolution 2)	1,200,000,012	35,294,118
	Sub-Total	9,719,652,394	285,872,129
	Post-Consolidation Raise (15% of SOI)	1,457,947,858	42,880,819
	Total SOI	11,177,600,252	328,752,949

Theis doesn't consider the potential impact of a a post-consolidation raise that they can conduct under BAU...