Actually, yes, 1:2 is 1:2 at any price- you just get more shares for your buck (and hence more options for your buck) is what I meant. And yes, the price looks a little *too* distressed right now. Hopefully, the Directors can put out an ANN prior to the raising to make it get over the line. They have the SI money, though, and the retail stuff has not yet begun. A long way to go in this campaign.
Ann: Update on Capital Raising and Operations , page-35
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