Stock will slowly decline against the PP level of $0.65 and slightly below. The dilution was 7M shares or almost 10% so $0.6 should the the new target!
Any share bought above 0.65 is most likely new PP shares!
Zzzzz bitter for all your losses in Oxigene? Nonone should ever listen to your targets, the worst I ever seen in Oxigene, constantly saying Strong Buy while the stock has been crashing...