I guess just about anything is potentially doable, but I think it is highly unlikely for this company.
Why? Well, for one, I believe the management is as weak as anything I've seen on the ASX.
Secondly, I'm very skeptical of the 'science' behind the product. After all this time, they are absolutely no closer to credibly demonstrating efficacy in humans.
Then, there is the commercial viability issue, absence from the world's biggest market (USA), etc.
So, could they overcome all of this in time (and shiploads more money from punters) - maybe. But then, maybe, I'll be able to walk on water one day...
Ann: Placement and Entitlement Offer, page-95
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49.5¢ |
Change
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Mkt cap ! $114.6M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 51.0¢ | 48.5¢ | $1.909K | 3.908K |
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| 4 | 15775 | 48.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 66869 | 2 |
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