Yes, dilution has happened, but we get almost the same increase in equity, so it should not move SP, but help to stabilize the stock, and then we can hope that GM will continuously increase their holdings. can't help thinking though, why should GM have a discount on the purchase, thought it was Lac that had a product everyone wants?. SP at stage 2 will be at the level of USD27, and it will then form a bottom in the last half of the year. Is it a high price? no, I see it as a low price.

Well, we'll see at the split because the truth will come out. It will be impossible with current shareholders to share the company without due diligence, which should show fair value for everyone.