ILA island pharmaceuticals limited
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Ann: Island completes $3.5m Placement, page-6

  1. EWexplorer
    6,020 Posts.
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    03/10/24
    10:18
    Post #: 75957059
    Yes ... and ... after the 6/6 SPP, why wouldn't you offer 7/7?

    So if it's $10m MC at 8c, now technically up to around $15m at 7c or so (after the (SPP?)placement), or whatever it is. It's feeling like a $30m company which is 14c SP fair value - which I assume is about right in maybe 2-3 months.
    ILA Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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14.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $34.23M
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