agree and disagree with some points
the announcement itself is good and hopefully leads to some more positive news. the early morning trades showed the market is positive towards the news.
the sell off is much like any other positive LBT announcement.... it gets sold in to. thermo, fda, sales are the last 3 positive ones and they all got sold into. the sellers have increased on the sell side compared to yesterday and early morning trades.
hopefully some more news comes in the next few weeks and lbt can turn the 2 years of sellers out weighing buyers around. as you said the cash is running out.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3982485 | 1.3¢ |
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Price($) | Vol. | No. |
---|---|---|
1.4¢ | 453560 | 3 |
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6 | 8703332 | 0.012 |
6 | 360500 | 0.011 |
7 | 1289004 | 0.010 |
3 | 256759 | 0.009 |
Price($) | Vol. | No. |
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0.015 | 429699 | 3 |
0.016 | 598000 | 4 |
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0.018 | 457000 | 3 |
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