I think its more likely that we will hear about an oversubscribed capital raising at 3c+ then for the deal to fall through. Keep in mind the original oversubscribed raise. The shareholder meeting announcement for the rto is just around the door. Given the potential revenue streams, backing by CSIRO and general hype in the mobile healthcare app industry, this is set to fly. People just want to know the rto has finished.
Sure you can sell now, potentially make a few dollars buying in lower. There's no doubt this is a speculative stock. But at the end of the day there is plenty of upside here and the odds of it performing like we want are pretty good.
I'm ready to roll those dice.
MNQ Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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