agree with the analysis entirely and there will be plenty of upcoming conferences with a research focus that will make sense for being the recipients of a rigorous update on the trial progress.
for mine, the real upside I want to see from the conference is being able to get a few more institutional investors onboard and try and tidy up our shareholder register. I think a big part of our volatility comes from the exceptionally high percentage of retail holders and hence being subject a little more to the seasonal winds of sentiment.
if in the next few months we can get another 15-20% of the register into some larger funds to tamp down our volatility, enable a stronger justification for nasdaq listing and help build a stronger share price prior to some commercialisation event. I genuinely feel a market cap around 1.5-2B USD is where we want to get to prior to the business end of discussions around out licensing our first product.
Hoping Leslie, Paul, Monil and team can get a few 5% holders. At current market cap - that’s around $usd 30m per 5% slice of the pie. Maybe $35M if you want to buy in a hurry on market
happy Sunday all,
cheers - YS
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Last
5.9¢ |
Change
-0.002(3.28%) |
Mkt cap ! $431.8M |
Open | High | Low | Value | Volume |
6.2¢ | 6.4¢ | 5.9¢ | $919.2K | 15.26M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 899777 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.0¢ | 110472 | 3 |
View Market Depth
No. | Vol. | Price($) |
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6 | 298847 | 0.060 |
7 | 1181871 | 0.059 |
13 | 1269835 | 0.058 |
12 | 1235878 | 0.057 |
18 | 1841276 | 0.056 |
Price($) | Vol. | No. |
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0.059 | 65300 | 2 |
0.060 | 269508 | 5 |
0.061 | 1797119 | 8 |
0.062 | 1992807 | 5 |
0.063 | 1358796 | 9 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
5.9¢ |
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Change
-0.002 ( 4.53 %) |
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Open | High | Low | Volume | ||
6.2¢ | 6.4¢ | 5.9¢ | 5930301 | ||
Last updated 15.58pm 06/06/2024 ? |
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