The company has said themselves pretty much, well at least my interpretation that continued Capital Raises and dilution is not sustainable with a Market Cap in the $10 to $ 12 million range. This shows the intention of the company which is bullish otherwise it would be CR after CR followed by stock consolidations and so on.
Funding through Larger or Institutional Investors , partnering , licensing are going to be the next major priority depending on the Phase 1 final data results which is going to be released any time now.
The company has spent around $45 million getting to where they are with this and want the best possible deal for the company and investors. Grand Final day is fast approaching and as mentioned, it is how well they sell this and how believable they are which is going to play a major role where the stock price leads towards.
The company has said themselves pretty much, well at least my...
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $14.38M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.7¢ | $9.445K | 348.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21405 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 681148 | 3 |
View Market Depth
| Last trade - 13.13pm 03/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
-0.002 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 2.7¢ | 2.7¢ | 2.7¢ | 269805 | ||
| Last updated 13.13pm 03/05/2024 ? | |||||
| 1AD (ASX) Chart |