So if the new funding diluted the company by 20% and you had a price target of $3-$5 shouldn't you adjust down you estimates by the same 20% and get new price targets of $2.40-$4.00
The stock price is 18 cents, 18 cents to $2.40 would be a huge win for everyone. 18 cents to $4.00 is over 2000% in gains.