No it says we are cashed up and can do it on our own if there isn't a good deal on the table. It gives us a strong hand in negotiations.
Imagine turning up at big pharma with $50,000 in the account and a market cap of $7 million. They'd know we'd have to accept any deal they offer because it would fall over without them.
Now we can walk away if the deal is no good.
Chart, page-1230
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.57M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.5¢ | $9.104K | 260.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15200 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 244685 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15200 | 0.034 |
4 | 330768 | 0.033 |
2 | 242406 | 0.032 |
6 | 600480 | 0.031 |
9 | 670666 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 244685 | 3 |
0.036 | 65500 | 1 |
0.037 | 537816 | 2 |
0.038 | 28930 | 1 |
0.039 | 490546 | 3 |
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