You have to look at the circumstances here. A Chinese cosmetics...

You have to look at the circumstances here. A Chinese cosmetics company can no longer use certain collagens in its products due to government regulations. They are desperate to find an alternative collagen source to meet the regulatory requirements in China for their products. Enter HCT. The Chinese company needs this deal to mitigate potentially massive losses so they offer to take care of everything in dealing with the government requirements and assisting to facilitate expansions of plant and facilities owned by HCT to meet their production needs.

This is a great HCT type of deal. A classic market pull on a product where management virtually have to do nothing (we know they can do that competently at least) and the company that desperately needs their product does the heavy lifting to obtain it. The other party has more to lose than HCT in this deal (they actually have something to lose and HCT have nothing to lose and everything to gain), so there will be some bending over backwards from their side to land this. It's like the planets have aligned for this one as far as HCT is concerned, and on top of that the Western Australian Government throws in some coin to help things along.

So, if we'er talking about a pump and dumps, there wasn't much to dump as the price was at it's historical floor to begin with before the announcement, so an entry point at this price is not so risky in my opinion, especially if this deal is locked in. People who are on the fence and don't have their money in potentially have 3-6 months to watch how things develop if their risk appetite is low. That said, more positive news (In any area of the business) could get it closer to the 10c mark and the risk of entry at that price and beyond grows.