The beauty of this stock is that when they do raise, hopefully on the back of decent results, dilution will be 1/5 of bugger all
the amount of SOI is unheard of in this space so a market cap of say $50M on very good results would result in a share price close to $1 and that means to raise $5M they only need to issue 5M shares.. dilution ? What dilution
simplistic yes but that's how I like it
risk or downside is bugger all when the base line MC is $10M .. only factor is time and opportunity cost
GLTAH
Moho ‘one of the undervalued ones’, page-19
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