I think the issue is the line:
$200,000 x 100cents/dollar= 20. 000,000cents
200 million is $200,000,000
Another (easier) way to do this is:
1) The current market cap is $71.35M,
2) if the Market cap is $200 M assuming no dilution, the share price must increase by a factor of 2.8
3) Current share price is 6.4c
4) Share prices at $200M is 17.9c (close to 20c)
I think the issue is the line:$200,000 x 100cents/dollar= 20....
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