re: Ann: Product Development and Investment O... Hi Warnie,
Pretty quiet board this one so good to see some new blood appear. This has been a long story but I am pretty upbeat about this mob at this stage. Market cap is under 10 Million and they have some very good agreements in place to date. This recent LOI is a ripper.
The story of the invention is a great one so well worth the read about how this was founded. Always a tough slog getting new inventions to market and imo this is a great time for people to be entering. Directors have been putting funding in the co and there hasn't been a great deal of dilution to date.
Your? comment on the 25 cents I agree with. This is the price the CEO purchased a bundle of the shares at from the Founders wife. This move impressed me greatly - no sweet options deal/ free shares etc which seems to be the norm rather than the exception in remuneration now.
They need some finance at the moment but I think it is a great move to fund the valve separately and get it moving rather than mothballing it until syringe and scalpel sales increase.
Plenty of positives to look forward to.
re: Ann: Product Development and Investment O... Hi...
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0.2¢ |
Change
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Mkt cap ! $2.131M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $14.32K | 7.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3543601 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1511772 | 2 |
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| Last trade - 11.44am 29/11/2024 (20 minute delay) ? |
| ICU (ASX) Chart |
