Possibly a number of people will view this as a chance to sell at 140 and buy back in at 120 and this will both cap the share price and weaken it. Not for me these games. I will hold on to my overweight position as The future looks good.
Printable View
Possibly a number of people will view this as a chance to sell at 140 and buy back in at 120 and this will both cap the share price and weaken it. Not for me these games. I will hold on to my overweight position as The future looks good.
I too will continue to hold and apply for more if there is a cap raise, pending details of course.
Volume is not large. Perhaps people spooked by the annoncement that wasn't an announcement.
I think his shares only owe him 8 cents a pop.
This company has a very long history of double speak. No we don't need more capital, no we definitely don't need more capital, actually, yes we do.
Good earnings are coming....lost track of how many times I've heard that over many many years. Its like the boy who cried wolf too often. I call B.S. How many capital raises have they had ? 8, 10 ?...sorry I have lost count there have been so many...
I'm calling it, they have been caught red handed by the ASX telling more porkies.
7 million sales revenue but loss making, and market cap of 1.2 billion! Only one product (CXbladder) which has not really changed the landscape of urology cancer diagnosis..good luck to holders