RAP 0.00% 20.5¢ raptor resources limited

I agree with your comment yesterday@Red bar regarding cap...

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 2,744 Posts.
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    I agree with your comment yesterday@Red bar regarding cap raise.

    We would almost certainly have had a cap raise in the 0.30's if management thought there was asignificant probability of failure. Have seen the mining/explorationjuniors pull the trigger as soon as spspikes many many times.

    Remember, for FDA classification we need to demonstrate that the medical device is:
    1) Safe...its a phone app fffs...I am sure with a general control of "Caution: Not for use as the basis for treatment without independent medical confirmation".
    2) Effective...yep 73-77% PPA and 70-86% NPA (and better than 3 Drs could agree upon) from 1,470 patients at 3 top hospitals in the USA.

    Worth remembering what can happen when this news finally hits...from some of the Aussie companies that got FDA approval in 2018/2019:

    LBT: intraday high +250%
    CUV: intraday high +60%
    AVH: intraday high +148%

    Using above examples and a RAP closing price pre-announcement of say 0.25; then with FDA approval we may see:

    Base case (+60%) = +0.40
    Average case (154%) = +0.60
    Upside case (+250%) = +0.87

    Peace out!
    Last edited by dman0: 13/02/20
 
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