Thanks for the heads up, I think the only real short term concern here for distribution is if peters wants to reduce his exposure which I doubt. He holds 18% so he can’t hide it, we’ll know about it soon if he does.
Otherwise the top 3 plus John aitken own 60% of the company so they’re very well aligned.
Still a year before we get some results but I don’t think there is too much in the way of bad news between then and now and once we’re in the position of getting results I imagine the market cap will be more like 50mil.
Imagine some of the headlines ‘first baby born with memphysis’ etc.
I’m definitely not saying this is absolutely going to be a commercial product, but I have little doubt this will be at 50mil before we find out one way or the other...
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Thanks for the heads up, I think the only real short term...
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Open | High | Low | Value | Volume |
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1 | 14090 | 0.022 |
3 | 497619 | 0.021 |
5 | 649700 | 0.020 |
2 | 130000 | 0.018 |
Price($) | Vol. | No. |
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0.037 | 18526 | 1 |
0.039 | 1200000 | 1 |
0.046 | 100000 | 1 |
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