Bioelectronics Corp (BIEL)

[uksausage]

well the initial announcement seemed to be major, some read it as they had got approval but actually they only had applied.

been many threads discussing likely price on approval and i hold still be cause I believe there will be a 10 fold jump on the open you would miss if you sold out and had money on the side line waiting.

Given the dilution that has occurred over the last year or so I think 20c is a realistic high except that there could be short supply once it goes over 12c (lots will sell when they are break even). Buy out though could be as high as 50c.