PEK 2.50% 19.5¢ peak rare earths limited

41 million pre-dilution. 66 million minus the twenty-five...

  1. sjl
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    41 million pre-dilution. 66 million minus the twenty-five million injection that will be taking place. The 66 million is what the company "should" be worth, after the twenty five million has come in. There's no way the share price will hit twenty cents, not based on is announcement; nobody but a complete fool is going to value shares pre-dilution based on the assumption that there will be no dilution.
 
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