Hi ahjay,
I noticed you before. This stock can't go up over $0.06 in short-term and mid-term. There is absolutely a problem with management. First, they released an announcement to push SP to $0.08 (a lot of shareholders excited in the news and they bought more a lot), and immediately the company released another announcement to issue new share at $0.05 (individual shareholders were hurt much). Second, they issued to some new unknown sophisticated investors at $0.05. They tried to hide the name of these investors. Actually, these are not investors, they are speculators. Every time, SP was up to over $0.05 with good news, a lot of shares sold out. Do you ask yourself who got so many share sold out? I'm sure you have an answer for that question. Third, on 19th May, they said that "The company is currently seeking partnership arrangements for further development" for CVac. Up to now, over 6 months, nothing happens with the new partnership. That's really weird. If CVac is truly good, they don't have to take too long to find a partner. Finally, they issued share to Ridgeback at $0.017 and $0.02, while other investors have to buy at $0.05. Do you think that's fair to other investors?
This stock may be better after about 3 months. What you should invest in is not about reputation of the management. That should be about what the management doing. This management is doing for benefit of their sophisticated investors, not for us (individual investors). You should follow the management bringing benefit fairly to their shareholders.
This is my personal opinion.
Good luck to you with this stock!
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $588.3M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 39.8¢ | $2.431M | 6.045M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6880 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 85353 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6880 | 0.400 |
3 | 153861 | 0.395 |
5 | 142266 | 0.390 |
5 | 73412 | 0.385 |
11 | 201885 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 85353 | 3 |
0.410 | 269251 | 11 |
0.415 | 239943 | 10 |
0.420 | 492300 | 8 |
0.425 | 50700 | 3 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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