Totally agree I think at these levels it's worth a punt I just wish I was investing for the first time instead of having an average of 70c (which I realise is way better than many here).
It's total mismanagement of the entire situation as far as I can see & even if he pulls a deal out of the hat I can't see it being anything spectacular because they're in such a dire financial situation & the "I know what I have mentality" doesn't wash anymore.
Stating the obvious but we are virtually at all time lows because of all the uncertainty re FDA, will they approve dose & stage 3 trials, if so what are the requirements & patient numbers. How much money is required? Is there a partner or is another massive capital raise required ? etc, etc
Obviously if the FDA are positive & reasonable & they have a partner that would remove a lot of doubt & I could see the SP x2-3 in a very short timeframe. Then there's the other scenario & everything in between.
To say it's been a frustrating hold would be an understatement but we have to be getting very near to good/bad news now.
Just my thoughts
GLTAH
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 18367 | 0.245 |
9 | 150988 | 0.240 |
5 | 79358 | 0.235 |
5 | 49453 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 9000 | 1 |
0.245 | 64650 | 4 |
0.250 | 1000 | 1 |
0.260 | 58362 | 1 |
0.280 | 92499 | 6 |
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