Judging by the enthusiasm that David has always shown when talking about it, I would say they will - unless the DD reveals something not so good that they did not know of before.
In any case, dropping out simply due to the cash position concerns would be scandalous:
a) They raised cash and drew some major investors using a package that had this as a serious consideration
b) they knew the cash position when they paid the non-refundable $50k!
I don't know how it will all be funded, but for the above reasons, I feel confident this will be taken up.
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island pharmaceuticals limited
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14.5¢

Judging by the enthusiasm that David has always shown when...
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $34.23M |
Open | High | Low | Value | Volume |
13.5¢ | 14.5¢ | 13.5¢ | $54.18K | 388.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 145593 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 145593 | 0.145 |
2 | 107000 | 0.140 |
1 | 1777777 | 0.135 |
5 | 68619 | 0.130 |
3 | 30000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 5000 | 1 |
0.155 | 43500 | 2 |
0.160 | 25861 | 2 |
0.165 | 74864 | 2 |
0.170 | 98954 | 1 |
Last trade - 15.43pm 20/06/2025 (20 minute delay) ? |
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ILA (ASX) Chart |