It almost seems like even though the cr wasnt offered to holders the way it was done has given a lot of strength. If offered to existing holders many sell down after entitlement date to fund new shares or dump quickly for quick profit. I guess the only thing we dont know is the calibre of the new holders as I assume the company supplying cash has to distribute the shares amongst its clients. I expect they have not actually recieved the shares yet, just committed to buying, so may still dump when the new shares are issued. even if they do try to take profit it's only 23 million ish new shares, they can only dump for so long.
personally I still think we are in an unbelievable position now. Nearly 30 mil in bank and under 200 million shares. If any one of skin trial, covid trial or sepsis trial makes it then surely a billion dollar company, and that doesnt include gonorrhea or any of the other additional targets that may pop up. This has already been life changing for me just going from 40c to current levels, and still we havent even started trials yet.
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