Very possible given the amount of shares on issue is only 140m or so. Most stocks in the 2 to 3 cent range have no revenue and billions of shares on issue. Even when those companies put out a material announcement it takes hundreds of millions dollars to move the price in to multibagger territory. Compare that to 1AG the first double in price only takes $4m or so... a significant venture in dairy that called for a $100m market cap would have the SP approaching 80 cents.
The fact there is not much interest in this company and when you take in to account the excellent financial fundamentals tells me I'm likely on the money with this one. The majority of the population are poor and only a few are wealthy so it stands to logic only a few would be standing ready on this one at these prices waiting for Jonny come lately post announcement.
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