Why hasn't one of the big guys, like CSL, who ought to know better about the technology than a few mugs like us, walked in and just bought out the whole thing for $25m (20c a share)? Why haven't they come in like Mr Eu and for a lousy $1m gotten a 15% stake in what we're led to believe is absolutely incredible? Or $3m and gotten a 50% stake? Lord knows the company needs the cash!
Just to put this in perspective, CSL's market cap is just shy of $25b. To buy us out at 20c a share, it would cost them 1/1000th of their market cap. BUT THEY HAVEN'T.
I really wish someone could explain this to me with something other than "we're in the best shape ever" and assuming we'll accept that.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.926M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9869614 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5231352 | 3 |
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| Last trade - 07.10am 19/09/2025 (20 minute delay) ? |
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