“Disc should probably raise a bit of funding and offer cash/shares to take over CUV”
I don’t see how this would be plausible, Silverchair. They’d have to have to raise a hell of a lot more than what they’re worth to match a price CUV management and shareholders would accept. Could you expand on your suggestion?
Also, do you have any opinions as to why CUV is supposedly being shorted so consistently for so long? What would the motive be, as the direct profit from the process couldn’t be that significant compared to the perceived risk?
Ann: CLINUVEL Newsletter IV - October 2023, page-9
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Last
$14.95 |
Change
0.360(2.47%) |
Mkt cap ! $748.6M | |||
| Open | High | Low | Value | Volume |
| $14.76 | $14.96 | $14.46 | $1.416M | 95.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 203 | $14.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.96 | 4532 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| CUV (ASX) Chart |