So is PNN, with their tiny $13 million MC who could easily raise funds at a high price if required for this project, without having to add many shares to the register.
PNN are also in a much better position financially starting out than ADN were 2 years ago.
This could be the company maker PNN need to get back over $8 per share like they were 2yrs ago.
Considering matching an ADN $500 million market cap would be about $12.50 per share, then $8 is achievable here.
Giant risk vs reward here in my opinion.
Hold tight and Good luck!
Ann: Becoming a substantial holder, page-25
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12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.21M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 79780 | 4 |
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