It will be interesting* to see how this trades on Monday. Often a stock price will follow the raise price. In this case down to 1.8c would be an option.
But actually I think 2.3-2.5c is the base price. The company has losses that set a MC at the $6m currently valued.
The question I'd like to know is why would you keep offering cash, even at 1.8c? If you're in it for the sale of the company for losses then why prolong things by stumping up capital? Are you hoping PO can pull a rabbit out of the hat? Have you watched his career at all? No rabbits, no hats, ever.
For me this is the only interest.
*interesting - highly subjective term given average turnover of the stock is about $2k a day.
