The stock has come back onto the radar of potential investors. A momentum shift maybe, time will tell.
The original business plan for the concept was the like the ultimate design for a luxury mega mansion.
Designed to attract only those that could afford the price - a multi national corporation with a billion dollar turnover.
The drawings were completed and construction is now in progress.
At some point an announcement out of left field will occur, outlining a collaborative development deal with a major player.
The prize for interested parties, will be too great to ignore, and the risk of not having a share of the action will force their hand.
This will not be a matter of wait until all results are confirmed - too late the entry price for a suitor will then be mega bucks. Why not enter during the development phase with a deal for exclusive distribution and fork out $20m or whatever. The payoff could be many times multiplied.
The market size for acne treatments is predicted to be $7,000,000,000........... that is $7 billion by 2025
So, a year or two putting the frame work in place, pails into insignificance when the end result is put into perspective.
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Last
35.5¢ |
Change
0.020(5.97%) |
Mkt cap ! $707.4M |
Open | High | Low | Value | Volume |
33.5¢ | 36.0¢ | 33.3¢ | $2.622M | 7.530M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 106888 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 462320 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 423267 | 0.105 |
23 | 1189777 | 0.100 |
1 | 10111 | 0.099 |
1 | 50000 | 0.098 |
1 | 50000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 555657 | 10 |
0.115 | 560304 | 6 |
0.120 | 829451 | 14 |
0.125 | 1083838 | 12 |
0.130 | 498290 | 12 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
BOT (ASX) Chart |