"Just imagine how differently everyone would treat the story if...

"Just imagine how differently everyone would treat the story if it was a 20c stock with only 30M shares on issue and $3m in the bank"

Strauss,I've seen this happen and 9 times out of 10 sp will fall below cash because market will factor in that it is still a dog and that directors will eventually burn that cash with no outcome..occasionally something decent will get backdoored into the stock and it will do well. the usual indication is board changes..