TIS 0.00% 0.0¢ tissue therapies limited

vitrogro ecm meets ce mark requirements , page-12

  1. 430 Posts.
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    Advisor71, as to why people are selling? Some are short term profot takers, knowing on past record that until its in the bag their will probably be another softening of the price. Secondly, I believe that there has been some damage to credibility with this company, which is not automatically restored by an announcement, and therefor are taking the opportunity to exit.
    I for one, even though I believe/hope the granting will be made before the end of the month, I view any further announcements of how the company intends to proceed, and any time lines put forward, well frankly I won't believe it without a high degree of scepticism.

    Thats the dividend of not just, but especially, the last few months, all which could have been averted by reasonable correspondence from the management.

    Then there will be the further capital raising in the next few months to fund the US trials. That will surely be offered at a discount of say 20% to the share price. Post announcement that SP will probably be 60c. Had the "issue" been handled better and with more consideration to the market then that SP may well have been in the 70c range.

    There is going to be a big change in attitude and performance to get back fair confidence by the market, and I for one still want some questions answered.Some truths.

    I won't be patting anyone on the back as some have put forward. Sorry to pour some cool water on this overheated enthusiasm. Market reaction seems to back me to some extent.
 
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