Ok thanks for the answer. I thought someone/something had to set a price of which it will open at literally in the first few minutes and let it continue to go up/down from there, and that initial price is announced just before. But now I'll wait on it and look to put in an order as it opens (if at a suitable price).

Cheaper than 0.50/share? Possible yes but unlikely for this one I think. And everything here is a risk of which I fully understand. While still a very new trader, well aware of the potential to loose money as well as gain it