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Government Approval, page-10

  1. 5,725 Posts.
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    Hi Patientgypsy,

    Thats a very tough question. There are plenty of posts that have already visited that topic. A couple of posters to look at would be pj and aqua, both with different perspectives on what the price could go to.

    My outlook is a lot simpler. Shares are only worth what someone is prepared to pay for it. The price can be higher or lower than the sum of the assets in a company.

    When we have commercialisation the price will simply be higher than now. If you like analogies, becomming commercial will put a firecracker under the stock. We should get some lift. How much is anyones guess but it will be dependent on the size of the firecracker.

    I'm personally waiting for the takeover offers. That will be the Saturn rocket by comparison! I still can't give you a figure but I asked a friend not long ago what he would think of an offer in the 30 cent range.

    His reply:
    Under 50 cents - he'll be disappointed.
    50+ cents - happy
    1 dollar - YO MAMMA!

    Everyone you ask will give you a different expectation but in the end it'll be a figure somebody is prepared to pay and I believe it'll be much higher than the current price.

    Good luck whatever you decide with your investments and please dont take anything you hear on HC as investment advice. Please do your own reasearch
 
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