i wouldnt think the co will be looking to issue shares at a price less than 75c -$1!
no need for extra funds this year but might take advantage if the sp rises above 78c or so then a modest discount if any to a few instos- maybe even at a premium
so with just 135m shares on issue another say 30 mill shares at around 75c say would raise more than they need to fund phase 2
and other trials on topical use maybe shared with another medical house
with 38pct held by dtrs and associates etc maybe higher that will still leave a v tight register of so called “ free liquid float”
wow this stock is going way over $100 mill market cap before year end - yes i know im invested and have vested interest - but thats why im all boots in because it seems so low risk to me that that level will easily be achieved once first in human trials begin - and with so much overwhelming weight of animal ( and human at the edge) evidence of super low toxicity at all expected efficacious doses!
cheers
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i wouldnt think the co will be looking to issue shares at a...
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44.5¢ |
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Mkt cap ! $128.6M |
Open | High | Low | Value | Volume |
37.5¢ | 44.5¢ | 37.5¢ | $191.2K | 477.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12222 | 44.0¢ |
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Price($) | Vol. | No. |
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45.0¢ | 10976 | 2 |
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No. | Vol. | Price($) |
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2 | 12222 | 0.440 |
2 | 8000 | 0.425 |
1 | 50000 | 0.420 |
1 | 4175 | 0.415 |
2 | 69894 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 10976 | 2 |
0.460 | 14304 | 2 |
0.470 | 100000 | 1 |
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0.500 | 13381 | 3 |
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