I don't have a clue to what are the chances of this working. I suppose if you look at the success rate of phase III trials that should give you a clue (I don't think its a high percentage).
As for price that will depend on the dilution of the share register that is required to raise funds.
If you listen to all the cheer leaders on here it will be $20 and it will work for sure , reality is it might not work , if it gets to market it will take at the bare minimum about 4 years+ and will cost a shit load meaning lots of shares on the register.
Still I think its worth the risk but it is a long term investment.
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27.0¢ |
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-0.020(6.90%) |
Mkt cap ! $392.7M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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8 | 706076 | 0.270 |
7 | 654643 | 0.265 |
14 | 556114 | 0.260 |
6 | 124125 | 0.255 |
14 | 296150 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 100000 | 1 |
0.280 | 30000 | 1 |
0.285 | 81289 | 5 |
0.290 | 58540 | 4 |
0.295 | 123214 | 4 |
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