It's the way with micro-cap technology startups. Everything is twice has hard, takes twice as long, and is half as good as you think it will be.
My expectation at present is:
1) Trading halt for US results any day now... hopefully before the end of next week.
2) Positive results will produce a share price spike to somewhere over 30c, maybe as much as 35c.
3) Share price will settle again after as we begin the wait for the next step.
For those of you who are waiting for positive news from the US before buying, I would suggest you be conservative if you are buying at over 30c and consider your investment horizon; you may be sitting in negative territory for a time before the next step up.
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Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
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