Investing on emotion will get ya killed in the market. .0002 is definitely under the market value of the company.. even if it is by my estimate of .00006.
The only way share book value could really decrease any more is more outstanding shares would have to be issued.. and there are tons of approval processes that are required before that happens.
I don't see this deal as shareholder sabotage unless you're one of the ones selling at .0002. In which case, thank you for the extra shares. I'll be taking your capitol back on the way up.