Splatta let me give you my favourite take on your question
"you can't be 10% pregnant"
Put another way, we won't see any meaningful action until they ink a SUBSTANTIAL deal and that my friend is just how Bio stocks work. It is also why sitting on the side lines is so dangerous because at least with Suda she is a ship that doesn't seem to leak, so we will go from 3 cents to 12,15,21,23 (who knows really) bypassing everything in between.
Here's the dilemma facing Suda holders especially the longer termers or the frustrated, lets say they do a deal with $8,000,000 up front (so the company is now secure and no more CR needed) plus another $60,000,000 in milestone payments, then after 2 years there is expected royalty stream of $23,000,000 a year. Now this is just ONE DEAL. Would you sell at say 23 cents?????????
Many here may think I am dreaming, but I personally do not see why such a deal is not possible, we certainly have the products, the IP and the patents to do this. Even if it took three deals to do these figures would you sell if you where getting a dividend of 2.3 cents a year - ah yes it is a dilemma.
Be mindful this is just me musing over the potential of Suda and I base this on past conversations I have had with the company, those in the Bio space and fellow Sudites, there is no science being used here and I am definitely not making any recommendations here. In fact a mate asked me if he should buy some yesterday and I told him invest what you can afford to lose (even though I think he will do very well) - advice I might add I threw out years ago with the heavy amount of money I have tied up here.
Clyde
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