I will wait to quarterly to decide but face value this is very cheap. What I think will happen is they will have enough for interim results and if interim results are good, share price will pump and theyll raise to finish trial. I think they would have a good idea of how its going so I expect to see fireworks end of year.
What I would do is if trial is successful, share price should pump, then I would do a consolidation like NEU and then raise.
so 3 billion shares, 1 to 100 consol would give it 30,000,000 shares on issue at 6 mill MC = 20 cents share price. Then do a NEU hit $25 lol so 100+ bagger.
Something like that would be there plan IMO, everything relies on these results
so if you had 10,000,000 shares today youd have 100,000 post consolidation at 20 cents for 6 mill MC. hits $10 post consol is 300 mill MC and your shares would be worth $1,000,000.
Either way if they were smart they'd do a 100 to 1 consolidation pre any raise. No point going through that hassle though unless results are good.
I have bought some and will buy more here
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