Surely cap raise in next couple of weeks. Trying to pump the share price higher.
Since they have lost Sonic, a major player, who would have handled the heavy lifting in rolling out the test, they are now going to need substantial capital to get their new commercial strategy of direct to consumer sales off the ground.
Who's going to get the marketing, awareness, test kits etc in to the places they need to be? PIQ will have to do it themselves.
Its all going to cost money and they'll need to raise a fair bit imo.
PIQ Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)