IMHO I think this stock will close around 48cents today. It is oversold considering there have been no sales of products since 2 years ago. The panic will disappear and rationality will come back. Then the next few days will see sp move up to the range of 60cents.
"Quintis has supplied over 1,200 kg of EISO to Galderma under the supply contract, with all supplies occurring in the 2014 and 2015 calendar years. In March 2016 Nestlé entered into an agreement to acquire a majority stake in Proactiv, the world’s leading non-prescription anti-acne brand. Quintis has not supplied any EISO to Galderma in FY2017 and EISO sales to Galderma have not been factored into the Company’s sales forecasts for FY2017. "
CLOSING PRICE TODAY = $0.48?
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