Don't disagree that it's large. But I think this is what makes it a good opportunity. IF that parcel goes, how much will it cost to buy the next 3% of issued capital?
I guess if you believe in the future of ADR, it's a bargain. If you wait until news, I'm guessing there's a fair few sets of eyes on the same parcel (maybe it gets pulled who knows). That's the gamble. Go early, one (read: me) might go bust. Wait for news, and you may miss the first 100%+.
For the record, I don't think this is a slam dunk. But I think the probability is in our favour we go on a decent run. Why? The CEO's company (Bioscience) and partner VC firm didn't just stick in the better part of $1.8m for a 3 month joy ride!
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $13.65M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.7¢ | $7.436K | 434.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 194311 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 185999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 194311 | 0.017 |
4 | 711980 | 0.016 |
3 | 247497 | 0.015 |
1 | 71425 | 0.014 |
1 | 360000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 185999 | 1 |
0.019 | 100075 | 2 |
0.020 | 149600 | 3 |
0.021 | 346000 | 1 |
0.023 | 40000 | 1 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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