Bot Chart, page-8236

Man, this place is swinging between doom & gloom and Hopium nearly every few hours...

My middling road is that:

The FDA approval is not baked into the price right now. There is next to no volume and BOT has a recent example of a sure thing backfiring (Phase 2 Acne). The "Big guys" are not in this yet, there simply hasn't been enough volume. I think there were days where total trades where only a little more than I am holding (and I don't hold that much).

Likewise, I don't think there is a $$$$ takeover offer sitting in the wings, simply because we are at $0.17 ~ $0.18 right now. Would be wild to just offer 5 billion USD to buy out something sitting well below a billion AUD.

My guess is that, without any further news, an FDA approval will get the volume churning and land us somewhere either side of 1b AUD. My hope is that we will reach 70c (about 1B AUD), but may be as low as $0.50.

My hopium is that we hit at least $0.60 after FDA so I can sell a bit and take a year off to hang out with my soon-to-be newborn boy. Then within that time, someone offers us at least $3b USD so I can FIRE my way into the grave.

Thank You For Coming to My TEDxHotCopper Talk