80 CENTS PRICE TARGET, page-139

Very knowledgeable discussion above btw. Cheers.

Another flat close at 4 cents, or is it?

On the surface nothing seems to be happening, but I'm calling smart money accumulation is brewing behind the scenes.

Stealth accumulation?

• First of all, a massive buy wall appears not once but twice just under the market price, then quietly disappears.
• The second giveaway is the stock has quietly doubled in a month - it's outperformed a raging ASX 200 by 50% in the last 12 months.
• The third indicator is the volume has surged. This is noteworthy because liquidity had been completely missing for more than 8 months.
• The fourth hint is each day the close is subtly below the daily VWAP; perhaps to give the appearance that nothing is happening when clearly something's going on?

The hardest task has been done - the company's 2 trials are fully financed in a non-dilutionary way for shareholders. This is rare at this end of the market. Both trials are about to start and the last townhall presentation clearly telegraphed 6 or 7 upcoming further catalysts next quarter.

On a fairly small float where a sticky top 20 own an exceptionally high 76%, this one has the potential "to move hard and fast" like Tony Greig (or the 12th man) said.

Imo, a big buyer or two are circling, subtly frontrunning the Q3 catalysts ahead.