Recently we have seen some posts trying to entice people to believe that the price of 0.12 is too high. Arguments being: not long ago you could buy it for 0.05 and every share represents just 5.64Ghs (and not 8.68) because reinvestment cuts your dividend.

Let's try to keep it simple:

Petamine is a mining venture. It's main purpose is to generate bitcoins and the ability to produce new bitcoins is going to be the ultimate driver of its value. So, when someone buys a share in PETA how much bitcoins will he receive in return?
Basically there are two possibilities  a) CryptX achieves its objectives or
                                                b) they don't.

In case b) we simply cannot answer the question. In this case share price will fluctuate based on changing expectations about the future - any range is possible.
In case a) the answer is actually quite simple and there were already pertinent posts made on this forum, e.g.
or
and

To summarize: in case a) we will mine at least 2% of all mined bitcoins ! - EDIT: and reasonably expect half of this paid out in dividends

Is it worth 0.12 per share today? Everyone should judge by himself.