1AI 12.5% 0.9¢ algorae pharmaceuticals limited

not sure about you guys but with 1.6 mill cash in bank gives it...

  1. 15,516 Posts.
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    not sure about you guys but with 1.6 mill cash in bank gives it an EV of 4.1 mill
    Theyll most likely raise cash for an acquisition so with 570 mill SOI say they raise 4 mill cash at 0.01 a share gives it 400 mill Shares so takes it to say 1 bill SOI. So then they will be 10 mill MC 4 mill cash acquiring something, then youll have all the twitter boys all over it push it to 20-30 mill depends on acquisition and bobs your uncle.
    Get set now cheers

    https://hotcopper.com.au/data/attachments/3658/3658140-72008f08d3483be21d3ad6ee966d2309.jpg
 
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