I could be wrong but I believe the company’s long term goal has always been to sell the company/IP if they succeeded in the tech.
To that end I believe the SP will ultimately be dictated by whatever the highest bidder is will to pay. I am pretty sure DM won’t relinquish it cheaply after the journey the company has been through…there would be no competitor on the market for our product.
On this basis one could argue that people spruiking 30-40c SP are de-facto down ramping without even knowing it….
The commercial value to the ultimate owner of the IP would possibly be many multiples of a 30-40c SP company valuation in my opinion… we won’t die wondering…Cheers
Ann: Trading Halt, page-227
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Last
8.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $155.1M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 9.0¢ | 8.8¢ | $49.15K | 550.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1084557 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 106556 | 2 |
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| 4DS (ASX) Chart |