Originally Posted by
blobbles
If the market cap were to remain the same after the share dilution, SP will slide to 52c. Will still be a 200m mkt cap, which others have suggested is too high (and I agree with this as well now after recent activity). In all seriousness, I see no reason why it won't be revalued to 100m without a decent announcement or two. That would be SP=27c. 100m mkt cap still isn't bad considering the risk/rewards in my book, so even then it wouldn't be the end of the world. Wouldn't look at investing in them again until something changes though.