Remaining 20%, holders, on hoochie weed, for ‘medicinal’ purposes only, while awaiting resume of trading, lol.
On a serious note, would be a good sign to see the 6 mill issue of shares oversubscribed, perhaps depends on the outlook WP presents, on one side investors may wait to purchase below 10 cents if they feel the history of previous CR s still prevalent but see enough value to jump on board.
WP will need, imo, a corker of a presentation, compelling enough to create, justifiably, postive sentiment, the audience (investors) will be quite pragmatic in its judgement, imo.
Lot may ride on the sentiment of investors feeling ‘confident’ with SB being on board, and significant others, to make sure this company ‘does the right thing’, doubt whether Minderoo ever expected this from the company, imo.
I highly doubt SB will be ‘placid’ holders, which, imo, will be a postive to ensure 100% accountability for Admedus reaching its fullest potentia.
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