I'll agree with you Beach that if demand is tremendous for the stock it could go substantially higher before the Institutions could reach majority ownership, but in time they will. Much will depend on whether the company does a partnership that brings in substantial money, if so, substantial dilution won't be required, though it may be part of that partnership. Without such a funding event, I'd not be surprised to see the company raising hundreds of millions, or more, to support rapid expansion of both production capability as well as new trials. All those shares would go to Institutions.
We'd all be thrilled if your scenario plays out. If however those who believe that UK approval will bring $3 to $5 are correct, while that would be satisfying to many individual investors, I suspect the company will want to raise substantial funds and the Institutions will only be too happy to take all they're willing to issue. Many investors who say they'll hold will be tempted by the higher prices and some, if not all their holdings will be sold off regardless of what they've previously said.
Personally I'm looking forward to when options are made on NWBO. While I don't intend to sell shares, I'd have no qualms about selling out of the money calls on say 5% of my total holdings, or less. I'd time my sales till after a substantial runup, when the options are at premium prices, and I'm expecting some retrenching before the stock advances again. I have enough shares that this could bring in substantial money, and cost me nothing if I'm right in my moves.
I do agree with you that if the right news comes out our share price could go well into double digits virtually nearly instantly, I just don't know that we'll get that kind of news, I don't think UK approval by itself will take it that far, but if it's accompanied by major media coverage, that could be a very different matter. If the share price did reach a point that I felt couldn't possibly be sustained I'd certainly consider placing trailing stop losses for some of my shares with the intention of buying back after the retrenching, that or selling covered calls if they're available.
Gary