Big insto's are not going to pay a premium, That is why they are big insto's? They will have made an initial offer which I am sure would have been well below the finalised price. I don't think our BOD would not accept anything that they didn't see as a fair price. As a speculative stock I don't think you can make demands to an institution that has billions on its coffers. The discounted price is insignificant in what the injected capital will allow this company to achieve in a much shorter time period! They are no longer speculative but have now become an aggressive pursuer of getting this product to market. Not only the current product but the future product. To me the fact that SP did not go back to $2-84 today is a reinforcement of the value of the company. I made a dumbass prediction of it the other day of dropping to $3-10 on Wednesday and then closing at $3-40! I was way out on the closing price but I may stick with it for the closing price at the end of this week! The money is in the coffers now and I see nothing but up from now.
$4-20 by Xmas is my prediction!!!!!
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Last
$3.09 |
Change
-0.040(1.28%) |
Mkt cap ! $586.7M |
Open | High | Low | Value | Volume |
$3.07 | $3.18 | $2.83 | $5.458M | 1.813M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 748 | $3.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.09 | 5880 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 748 | 3.080 |
1 | 4000 | 3.070 |
2 | 7916 | 3.050 |
1 | 4916 | 3.040 |
2 | 5265 | 3.030 |
Price($) | Vol. | No. |
---|---|---|
3.090 | 5880 | 2 |
3.100 | 14140 | 3 |
3.110 | 1100 | 1 |
3.120 | 4916 | 1 |
3.130 | 4916 | 1 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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