What's strange are these 3 bullshit trades nanoseconds prior to the market close today:
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
| 1 |
04:10pm AEST |
0.245 |
266 |
65.17 |
| 2 |
04:10pm AEST |
0.245 |
1 |
0.245 |
| 3 |
04:10pm AEST |
0.245 |
13 |
3.185 |
The VWAP is 0.2536 regardless of these "sales". Should we take comfort from this manipulation? Someone is interested enough to play games.
I went to the Breakfast Briefing in Adelaide this morning and there were several brokers/advisors in attendance. Some of BB's slides were a repeat, but there were newbies in the room. I think the emphasis given to some milestones is worth sharing:
1. License agreement will be non-exclusive. There will be AT LEAST 2 more Distributors appointed; Europe and USA.
2. The focus is APAS Independence. Once that is to market Incubot will follow. And then Woundvue can get the attention it needs.
3. At least 1 of the international distributors will be announced in September; read 30/09/2017.
4. Market acceptance trials will commence in September; read St Vincent's Hospital, but BB refused to confirm this.
5. New Orleans was attended by more number crunchers than techs; good in my view. More potential distributors added to the list; hence the slower selection process. When technicians were asked about their existing automation the answer was usually - None.
6. The first SALE will be in December; read 31/12/2017. Someone mentioned SONIC.
SA Pathology would have to be certainty.
7. Any shortfall in the SPP offered to SI's will be at 0.26
8. If the SPP falls short of their immediate cash flow needs the Board has options to choose from.
GLTAH
P.S.
I agree that today's announcement was a bit odd, however, if its Price Sensitive you don't have a choice. Its a First World problem imo.
