My take on this is there is going to be a string of positive announcements in the short to medium term, so they will take advantage of this and announce a CR/placement somewhere between 2.5 and 3 cents ( hence the sell down )so the broker and their clients can load up prior for an anticipated good return and the company gets to raise it's funds to boost it's bank balance for progressing its trials/plans moving forward.
If it unfolds as above we can look forward to a string of positive announcements, a pump, and a healthy bank balance moving forward. All positives to me.
The pump may start sooner than later given we have a green light for the dosing of the 4th cohort, a big market draw card. IMO
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12 | 51351998 | 0.001 |
0 | 0 | 0.000 |
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