We are getting a continual increase in exposure from a number of angles as we (RAPers - Yep I've named us...) progress towards FDA approval & Commercialisation
Given we are >100m mkt cap now, we will begin to hit the radar of local & international funds who can take positions in the company. Given the blue sky we have, I suspect there will be many who chase their positions higher on market as we aren't going to offer a placement.
They would have released to their subscribers this morning & this additional exposure is probably the driver of todays volume breakout (even though it has been on the cards for a while & was just inevitable).
What it does show is that the concept is a no-brainer & the common personal can relate to the product application & see benefit. Its an investment that simply 'makes sense'.
We have a number of exciting milestones coming up & I have said many times that a >$1B mkt cap (>$2) is the level I am personally targeting & I believe we will be bought out (Taken Over) at this price as a minimum.
As time passes & we gain exposure to new investors, the momentum it creates will be self-fulfilling.
I am super excited for CY16 as RAP will change lives...
RAP Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held