@Wise_One umm yeah ok---thanks your justification however I strongly disagree. Why risk your money elsewhere when you feel so confident that this is still going to succeed? You are gambling your money on other companies that are nowhere near as advanced as this. Has it paid off for you yet?! No it hasn't! Could it?! Yes maybe if one of them takes off like another RAP. You are indirectly trying to tell others to take their money out of this stock and put that money elsewhere, maybe in your other stocks lol....
Look what you do with your money is your business, but look at it this way Wisey I got in this around the same time you did at $0.02 tell me what other stock can you find that has daily fluctuations in profit or loss of 25% (0.005) 50% ( 1 cent) 100% (2 cents) or more. Why risk your capital on high-spec plays when you are so confident that this is going to succeed? This was trading as high as 0.55 cents last year when the market thought we were going to lodge to FDA back then! Damn son that's like another 12 bags from here alone
!!! Are you confident of making at least 10 bags on any of your other stocks within the next couple of months? If all comes to light for RAP then surely we would be trading back around our 52-week high and then some... Understandably last year was during different market conditions for Specky type stocks. But after these results are announced from the US study if good to excellent I would hardly consider RAP to be in the Specky basket anymore....
Hmmm then there's this issue of 62 million shares you keep going on about!!! Do you honestly believe that the directors and other holders of the 62 million escrowed shares are going to be that loony to sell any of there shares just before the big news event hits? Maybe the announcement will hit before the July 14th escrow release in which case a lot of these will be easily absorbed as I expect big volumes around this time it's very unlikely that directors will sell any of their stock as they have to comply with ASX regulations. If anyone would sell it would be UniQuest as they need the cash for all the projects that they are working on. At the end of the day UniQuest are not share Traders or investors if there is money available they will take it, mark my words. After the way UniQuest poorly handled they're dumping last time One would expect FIL or other institutions to be ready to take the off market transfer...
Hmmmm---Perhaps in the point I stated above one of the reasons why there wasn't much volume during the Singapore and Hong Kong meetings is because there waiting for July 14th. Apparently management had meetings/private presentations with institutions behind closed doors. I'm betting they're waiting until July 14th to buy in. How many shares will they get is the question. Honestly I highly doubt that they would even get their fill, in which case they will have to buy on Market.. Personally I think no more than twenty million shares will be sold from July 14th and like I said most probably in the way of an off-market transfers....
Once the results are out from the U.S. the directors may have a small window to cash in on some stock provided they are unaware of any other news in the pipeline.. But to be honest it would be ludicrous for them to sell unless they desperately require the money. Especially if they think the company will either be bought out at many higher multiples or be on the cusp of commercial production... I've got a very large holding and I'm not selling!!! what makes you think they will?!!!
History does not always repeat!! For example I was trackside a few weeks back with some buddies for a bucks party at the races. A 4 year old filly won six races straight, it was paying even money and obviously the clear favorite to come first again. Did It win again?! NO!! A donkey got up and the clear favorite came clear third last. So yeah---history does not always repeat....
You've made some pretty ludicrous comments like $0.15 and all of this BS. Let's move on. I'll even say the magic word PLEASE!!!
Cheers
Red bar
