The Bankable Asset, page-28

who can sleep with BANKABLE ASSETS on the mind? not me.

So you're right in calculating the share price.

Market Cap / no. of shares on offer = share price.

at 100Pj 2P Market Cap is $200m / 555m shares = $0.36 (so slightly under 2x current price to reflect the dilution of the recent rights offer plus some convertible notes).

Rocket is right about it being worth what someone is willing to pay. At least after the upgrade the banks will know what LCK is worth. With a BANKABLE ASSET a company can borrow against it. Lines of credit baby