I've been avoiding these threads of late. I find the unbridled enthusiasm a little bit too much. Heresy, I know.
When I read the announcement today, I was very happy, as I thought a strategic investor was coming on board. A big pharmaceutical company, perhaps? The AFR article threw cold water on that suggestion. I find the timing strange. If they thought the ARDS Trial was going to be successful, surely they would have waited until the outcome was known, and raised at a massive premium?
With so much good news good news already priced in, it will be interesting to see how this unfolds...
Changing sentiment from "buy" to "none".
Ann: Trading Halt, page-517
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Last
$1.15 |
Change
0.045(4.07%) |
Mkt cap ! $1.313B | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.16 | $1.08 | $4.681M | 4.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99680 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 31000 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |