On to the big question of cap raisings. Well with so many projects $100 million would have them all underway. The GFC has ensured that won't happen.
$35 million would see oxy right thru to FDA approval and add about $500 million to our market cap at that point. POH is in no rush for a cap raising but will need one at some stage.
By that time we might in a much better place because so much is happening. Some monies might come in from deals etc. So at this point it is not a pressing concern to us.
POH are courting at least one Global Player who is watching AOD9064 with a very keen interest. So after much discussion about these points I now feel comfortable that by the time we need money the market will b watching POH very closely for the value and quality of their projects.
SCE will have much more news going forward to build their case for a rerating up to their valuations. Which now sit around 80 cents to $1.oo if AOD is included.
My personal view is We will see a dollar or much higher at some stage, I just don't want. To pick a time inn the future . So I will keep my investment in place and maybe add as news flows.
PoS
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Last
0.2¢ |
Change
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Mkt cap ! $6.338M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $11.50K | 4.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
63 | 101422109 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 20872825 | 7 |
View Market Depth
No. | Vol. | Price($) |
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60 | 100172109 | 0.002 |
23 | 71850508 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 20872825 | 7 |
0.004 | 23380242 | 19 |
0.005 | 27709765 | 14 |
0.006 | 19365067 | 10 |
0.007 | 9365221 | 8 |
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