That could be a likely scenario. But it is up to the board and I don't think the chair is here for the money only. She seems to be passionate to get this test out there for the women's benefit. Can't see her being happy to lose control over her " Baby ". If a bigger player wants to t/o the company they must offer a substantial amount as the chair won't be so stupid and allow them to participate in a 50 -100% stake at this stage. If there is a CR, most likely they invite a few sophies who sell to us retail straight away and that way any larger holding will be distributed, preventing a bigger stake. Or to a partner to a max of 49%. Different story if she already got an even better test in the lab, takes a huge pay deal and starts all over again.
Time will tell, but IPD and EYE are in a similar position and no t/o offer as far as the space telescopes can see.
GLTA
That could be a likely scenario. But it is up to the board and I...
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Last
10.5¢ |
Change
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Mkt cap ! $33.00M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1015502 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 204555 | 3 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.5¢ | 691738 | ||
| Last updated 15.26pm 14/06/2024 ? | |||||
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