Juk, you're correct - I must have been half asleep when I posted, and have the dilution equation around the wrong way. Apologies to all. A share price of between 5-6c today will equate to same market cap at 2 yrs go.
My main point however still stands, and that is that we can reasonably expect the share price to be a lot higher than 2.8c if management can turn this company around. The market cap before and after hypothetical is also made without taking into consideration the strong rise in POG over the past 2 yrs.
AXM Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held