Have I got the following calculation right$90m to be raised at...

Have I got the following calculation right

$90m to be raised at .075 equals 1,200,000,000 new shares

Current shares on issue 181m

Each existing share will be entitled to subscribe for 6 new shares at .075

Question. Why would you buy big parcels of shares today more than .075 when you could buy one sixth of the parcel
and take up the rights at .075(max)

I suspect that .20c plus is not out of the question within 12 months

Lazza