You're an absolute clown and if you want to debate put some effort into it.
Okay so here is the volume and adjusted close from 20/06/19 until 6/08/19. Total shares traded between .17c to .26.5c with a high of 29c is 264,782,092. Highest volume days in that period are in the mid 20s...
Before this raise there was approx. 47m options and a total of 774m shares outstanding. Of this top 10 holders equate to around 200 million shares which I'm guessing most will be held for a long time. So this shows that a load of retail investors and brokers shares have changes hands in the 20s building a good base for the next leg up. Only natural that the price drops after CRs like it does time and time again on any stock.
Raising $40m is no easy feat and they pulled it off well with majority of biotech investors in the US that would know their SH*T and would not invest that amount if they didn't think the upcoming results are going to be stellar. Luckily the company did human trials for phase 1 which ultimately de-riskes phase 2 comparative to other companies using animals for phase 1
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $577.0M |
Open | High | Low | Value | Volume |
32.5¢ | 32.5¢ | 31.0¢ | $798.4K | 2.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 253008 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 559190 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 253008 | 0.315 |
31 | 825922 | 0.310 |
19 | 826195 | 0.305 |
30 | 529396 | 0.300 |
7 | 182039 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 577464 | 14 |
0.325 | 296401 | 7 |
0.330 | 740666 | 10 |
0.335 | 366842 | 6 |
0.340 | 268507 | 4 |
Last trade - 12.16pm 05/11/2024 (20 minute delay) ? |
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