Okay - positive thoughts, positive energy (scuse the pun) and positive share price action.
My daily mantra out the way, now to look at the announcement.
So a company with a $5 mill market cap has shares in a listed company that should be worth $2 mill.
They have additional funding that will allow them to stay solvent and grow their business for at least the next 4 years (some question marks around some issues with this, but the company is now more than just a going concern)
This alone should have us around 0.05c a share. (150% gain)
Provide us with a few more contract wins and the way I see their business model is that it will not take too much to see increasing revenues - imagine even better, a profit.
Suddenly at a few cents per share - have the consolidation, gain new shareholders (without the horrific baggage - sorry long term holders) - absorb the La Jolla sell-offs and ......well back to my original daily mantra.
From this share price level, I believe a multi-bagger is highly likely and certainly what I am hoping for.
Just a reminder to SDK if you read this thread, to please address my concerns over the funding which was posted in an earlier thread (Post: 7292872)
My thoughts of course
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