" Can someone help me work this out.If they sold $250 mill worth of stock at $1.50 this equates to almost 167 million new shares. Current shres on issue are 198 million, which means the current dilution would equate to a SP drop to $1.90!!!Is this for real? "The pay I do the maths:Previous position:- Shares 198M- Share price $3.50- Market Cap $693MNew Position- $693M (Old Market Cap) + $250M (New equity) = $943- Shares on issue 198M + 168M = 365M- Predicted Share price = $2.58
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