Hi Guys,
Yeah i thought it might pull back as well , but i didn't sell any either.
With the comment about Otsuka buying in at 12 Cents this gives a great indication of what they think.
Now my calculations may be slightly mad but......
if i was investing an original $3 million in shares plus an additional $25 million for the 50/50 split of the venture.
From the $3 million in shares i would want that money to pay for the additional investment as well. Now we know this is going to be longer term so looking at 2 years or so
3,000,000 / 0.12 = 25,000,000 shares
To Recoup $ 28,000,000 ( $3m + $25 m)
share value target 28,000,000 / 25,000,000 = $1.12 per share.
Given the time frame etc i reckon this is a very achievable target.
any thoughts?
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.49M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $5.169K | 715.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 8014267 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1382834 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 8014267 | 0.007 |
9 | 2066749 | 0.006 |
5 | 2410009 | 0.005 |
4 | 4065000 | 0.004 |
2 | 4590000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1382834 | 9 |
0.009 | 1540024 | 10 |
0.010 | 2493145 | 4 |
0.011 | 1490400 | 3 |
0.012 | 363666 | 3 |
Last trade - 12.28pm 06/09/2024 (20 minute delay) ? |
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