Ann: A$3m strategic investment from prominent biotech investors, page-129

Do you believe HC really has an impact on the share price?.. I personally don't. I think the initial drop was because it was a dissapointing raise done at a discount (Irrespective of how the share price ended the raise was too little too early) and others thought so too I believe.

The share price then climbed because investors with money on the sideline read the next trial is fully funded and bought in as this should now get reflected in the share price and people finally didn't just give away their shares for cheap and it had to climb. We only had 2.5m volume yesterday and it climbed well. Compare this to the 8.5m traded after Israel results.

Dr T and Wombats posts definitely helps a few on here emotionally buy or sell extra parcels, but personally I don't think it has a great impact on the actual share price. If people did listen to those two and actually make decisions based on their posts there wouod be no shares on the sell side sub $4.

.. I said it was wishful thinking that the MC will go up 20x the raise, but it's looking like it could actually happen if people dont give away their shares. With a stock like RAC buyers are going to buy up to fair value (hence my dissapointment in yesterdays raise), existing holders get to control what they sell for. Here's hoping the sell side doesn't get manipulated or stacked low...

IMO, etc