Well the timing of lots of SPLk things has prevented me from actually buying and just sit on sidelines.
The vagueness and at times opaqueness right through to stuff I just can't understand teh timing of gets my goat - leaving at critical time??? Holding internal rials - possibly knowing that partners could possibly stop theirs ? A few too many mystery's to risk a binary event with unknown timing for me - but that is my investing risk profile . I see the odds of a good result and instant partner offer and expansion etc as slim. Good result and then a delay as ducks are lined up to then proceed with other areas of partnership - higher chance. That delay gives later investors like myself upside with a lesser downside risk assuming positive results and enough information released with statistics - thats a maybe . May be signiicant time before next programs of trials are announced and still unsure at what stages any $ will flow to SPL.
From another stock I though this post was very well put together - shows how readers with little technical skill, not well read or prepared to learn and do deep research can IMO easily be "mislead " and end up in a world of pain. Groupthink can be dangerous. Worth a read for all biotech investors as same basic traps get repeated over and over. Probem is unless you can 100% have the exact knowledge and access lead scientists or have a forthcoming CEO when questioned on open webinars directly rather than avoid any critical question by knowledgable people it is a gamble not an investment. Or a deep investment in underlying technology and hoping management can at least extract vaue from it in a reasonable time regardless of stumbles along way.
https://hotcopper.com.au/posts/69287590/single
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Last
9.1¢ |
Change
-0.003(3.19%) |
Mkt cap ! $37.49M |
Open | High | Low | Value | Volume |
9.4¢ | 9.6¢ | 9.0¢ | $53.69K | 576.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 22850 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.3¢ | 18088 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 23600 | 0.091 |
5 | 131668 | 0.090 |
4 | 130980 | 0.089 |
1 | 6356 | 0.085 |
3 | 41113 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 18088 | 2 |
0.094 | 50280 | 3 |
0.095 | 69560 | 2 |
0.096 | 5000 | 1 |
0.097 | 9716 | 1 |
Last trade - 15.03pm 18/06/2024 (20 minute delay) ? |
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Last
9.1¢ |
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Change
-0.003 ( 3.19 %) |
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Open | High | Low | Volume | ||
9.4¢ | 9.6¢ | 9.1¢ | 116736 | ||
Last updated 13.46pm 18/06/2024 ? |
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