Buckeyes, BOM2 being the third kick at the can for Resverlogix, needs a big name Pharma to take hold of BOM2 to see any major movement in the SPP.
Since SPINCO (2013), the best SPP was saw was $4.36 in May 2019. May 2013, we saw an SPP of $3.80. May 2015 stood at $2.79. (all Can $)
Hopefully, with a big-name pharma leading the pack, RVX will go Nasdaq. Perhaps we will see an upside SPP of $10 before a BOM2 Top line announcement. If BOM2 succeeds, the SPP will climb considerably.
I hold both RVX and RVX.WT.A. Did hold RVX.WT share purchase warrants, but I sold them off some time ago and held on to the cash. Bought RVX shares along the way on the dips.
I will sell most of my RVX shares incrementally along with the way of BOM2, should we see an SPP appreciation beyond $5.00, in fear that BOM2 Top-Line is not achieved. Will hold on to the RVX.WT.A to the very end. But nothing is fixed in stone when it comes to the stock market.
Koo
PS: -tada, O/S RVX.WT warrants, 2,552,389 ; O/S RVX.WT.A warrants, 3,798,936. All on the trading block according to TMX.