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02/03/16
15:50
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Originally posted by The-Schwartz
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From 2c maybe it flys up to 20c on good ANN (providing forecasts on how this could be a $100m company). But if ANN happens in TH and buyers also account for 100% dilution then cut that to 10c.
With billions of shares they will want consolidation of 10:1 making the new SP is $1 and you have 1/10 your previous holdings. At a dollar it will have more trouble holding the price than at 10c (go figure market psychology) so perhaps a price fall to 50c.
So now you have 1/10 you stocks valued at 50c (that may eventual go much higher) but basically you made a 3 bag gain on what you paid at 1.6c.
This is all pure guess work - only the ANN will provide any degree of certainy. But unless there is a total act of bastardry (like 2 billion new shares) then expect to make 1-5 bags no matter what.
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There's no way this will hit 20c mate. I have an optimistic target of 6c but would be happy with 5c. My average is now down at 1.6c and that, for me, would be a fabulous result.