I think CBIO will push for cap raising to fund merger and trials.
I also see a number of the old guard returning to the board. They have enough shares and also have millions of dollars tied up in CBIO. They want to see Xtoll succeed.
If they succeed I belive they will get a deal with large phrma group. It is my belief that they almost had a deal signed just prior to ousting. Note Steven Jones will not be one of them!!!!
The next 12 mounths will be very interesting to watch. I can see no big run on the share price as there is nothing new happening. There will be opportunities to make good money but the highs will be short and the lows long.
My guess on share price is. Toggle between 3 cents and 10 cents.
My opinon only and I expect to end up with mud on my face.
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