I have tried to get hold PB over the last few weeks and have not been able to. I have been told he is travelling, out of the office, busy, will get back to me etc etc.
I have spoken to another director the other day who told me nothing that i didn't already know and in fact when i pressed him, gave me cause for concern that all is not rosy.
There is no way a fund manager is buying, the volumes are way too low, if a fundie is seriously going to take a stake , they need to buy at least 5% of the company which equates to about $2.5mln and around 70 mln shares, it aint no fundie. The volumes have been way too low to suggest any insto action.
This is all retail punters and algos. pulling up the trade history shows the nonsense in this stock, it has become a joke. and with over 1.4bn shares on issue, it will be every hard for it to rise until they bring something positive to the mkt
Unfortunately while i have maintained in the past that this stock should be trading in the 8-12 c compared to peers, given my some of the conversations i have had, i am having serious doubts that the viking deal will proceed as expected, and i think that is what is being reflected in the price, another example of mgt failing to deliver. I am afraid this stock will stay in the doldrums and may even hit the 2s
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Last
77.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 650 | 78.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 650 | 0.785 |
2 | 5650 | 0.780 |
1 | 692 | 0.775 |
1 | 10000 | 0.760 |
1 | 20000 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 6000 | 1 |
0.800 | 10000 | 1 |
0.805 | 2000 | 1 |
0.810 | 7680 | 1 |
0.900 | 15000 | 1 |
Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
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NDO (ASX) Chart |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
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