Dont see how this can be off topic making reference to this post with actual facts
Post #:
67419984Sam: look at Neu.. more or less the same scenario
from .017c to $14 ( mega dilution)
Anp will do the same one day
Stop beating the same drum !!
Ok Gassy
So Now im
BEATING THE DRUM am i
You come out with statements like
MEGA DILUTION yet dont back up your argument with any substance
So lets just see how this
MEGA DILUTION would have panned out into present day under my own personal circumstance had i been in
NEUBack in 2013
ANP did a
1-10 consolidation with
1.6 bil SOI at that time i had
9mil sharesGiving us a register of
160mil SOI post conMy
9 mil shares were consolidated
down 1-10 giving me a holding of
900,000 SharesNow had i never purchase another share since that time my present
900,000 shares would be worth the
sum total of $67,500with absolutely no return on my original investment
and we now have a
register of 800 Mil SOITalk about dilution WOWYES YOU ARE CORRECT MEGA DILUTION for 0 return on my investmentSo now lets take a look at the NEU Scenariounder my own circumstances and nothing would have changed from those early days as you well know we were
on parity with
NEUso had, i had
9 mil shares in
NEU and not purchased any further shares to present day
In late 2017
NEU did a
1-20 consolidation with
2bil SOIgiving them a register of
50mil SOI post conMy
9 mil holding under this circumstance would have been reduced to
450,000 sharesNow under the same circumstance as with
ANP, had i never purchased another share
My 450,000 shares in NEU would have a worth of $6,400,000YES YOU ARE READING THAT CORRECT $6.4mil bucksNEU present day have only
125.6 mil SOINOW IF THAT IS WHAT YOU CALL MEGA DILUTION GASSY I WILL HANDS DOWN TAKE THAT SORT OF DILUTION ANYDAY over ANPs idea of dilution
YOU HAVE NO IDEA GASSYand on a i side note just to compare the 2 this was the reasoning for
NEUs consolidation
Neuren Pharmaceuticals Ltd. plans to conduct a 1-for-20 share consolidation to enable certain INTERNATIONAL INVESTMENTS in the company.Now that is the exact same reason i was given for
ANP doing their consolidation the only difference between the two is it looks like that was the actual reasoning for the
NEU consolidation, they consolidated and kicked on, whilst we in ANP are still awaiting that
so called International investment, being the main reason given for the consolidation in the first place,
Dilution look at the above with your rosie glasses and look what has been achieved by a company we were at parity with a number of years ago, then look at the crap we keep being dished up by your
so called elected board,yes i know you said one day, but isnt that what we always get from you, from one ann to the next , let down after let down @ market not because of the pipe line but because these people that are the so called the
elected board are incapable off bringing in investment and funds required,
wait untill this, wait untill that, now its 18 months to market, we will be lucky to have the 2b results in 18 months never mind having a drug in the market
we wait, we wait, lol what a jokeunforgivable to walk away from a pivotal trial to market sorry unforgivable
(20min delay)