Cabbie, that's the mil$ question, isn't it? My only point is that the market's perception of the overall market cap will dictate the share price. Was the market figuring that those were the types of acquisitions that were expected when it was valuing NEOM at $200mil with 4-500mil (approx. on avg) shares outstanding? In other words, was that type of acquistion activity already built into the stock price? If it was, or was partially, then the share price would have to drop when an understanding of probable shares outstanding doubles (share price would logically drop by half, all things being equal).
Well, how much do people think the company is worth? If you think, even with all its risks, it's worth $200mil then the share price should approach $0.15 over time as the 1.3bil shares outstanding materializes. In my opinion, the market has generous faith in valuing the company at approx. $200mil. I figure that those types of acquistions were a factor in the market's faith (they confirmed the value; didn't increase it).
Even at $0.20/sh, (assuming the min. 1.3bn to be out) there's a lot of generosity here: market cap of $260mil.
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