This is not the announcement holders were waiting for, but many people thought it was an panicked. The share price has been steadily rising from 2.1 in early July to 6.3 today before the announcement. The Bayer deal was only $1million originally. Now it is $1.5million. The company market cap is currently $50million. Do you really think people were pinning their hopes on a $1million contract, and therefore tripled the company value in 6 weeks? I don't think so. There is something else coming. The accumulation over the past 6 weeks shows this. Today's announcement wasn't even rated as price sensitive. Let's wait and see. I am confident something else is happening that we are not aware of yet
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- Ann: CardieX Announces New Contract with Bayer AG
Ann: CardieX Announces New Contract with Bayer AG, page-17
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1 | 75000 | 0.060 |
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