IMO the SP of this company should be at $0.70+ based on increase traction of revenues each quarter in the US. I guess there is a worry about the cash burn and cash held.
I really hope that a takeover does not come now at say $0.90 which is a 100%+ premium to current SP as it will undersell all the work the company has achieved over the years.
This happened at Viralytics where the SP was beaten down to $0.615 even after a Chinese medical company took a stake at $0.80 before Merck lobbed a takeover at $1.75.
IMO the SP of this company should be at $0.70+ based on increase...
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0.2¢ |
Change
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Mkt cap ! $5.824M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $6.001K | 5.059M |
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| No. | Vol. | Price($) |
|---|---|---|
| 28 | 41585905 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 83677901 | 59 |
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| AXP (ASX) Chart |
