Guys, maybe there is a chance for 40c one day but that would mean, at probably 2.5b shares a MC of AUD 1b or USD 650m. IMU went to AUD 3.5b or USD 2.3b on a ph2 read out, that would be about AUD $1.20-1.30 .
It all depends on Hopper's last decision, how much will do it for him?
If he is happy with 10c, then it will be that. If he offers to leave at 20c, 30c.....it is up to Lantheus to agree or not. Maybe Hopper will redeem himself by bringing in a 2nd pharma to drive up the price.
Anyway, here is my plan. I assume a max of 10c. To achieve max profit and get compensated for the CHM and IMU losses I bought truckloads sub 3c. When a stock gets heavily diluted but still has a huge upside then buying according to the dilution % is the best way to secure a good outcome. But that strategy ONLY works if a stock has a very high chance of success - and that is currently the situation at RAD.
At IMU and CHM the above is likely to end in tears according to today's developments.
Meat Loaf considered "2 out of 3 ain't bad", for Hopper might apply " 1 out of 3 ain't bad ".
GLTA
RAD Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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