The first 90 mins of trading is shaping up to be the start of STI's most volume traded day on record and technically looking like a good entry as its breaking from a nice rounded bottom / consolidation pattern.
The 3rd most traded by volume on the ASX today.
They successfully raised 1.4million in feb at .012 so cap raising is out of the way
from their ann today
" Stirling Pharma starts manufacturing in Q2
Launch of Stirling Health sales to pharmacies commence April Q2
Launch of Natures Firewall Internet sales network based in Canada to
launch in Q2
Launch of i-Naturals USA based network marketing health, beauty and
anti-aging products to launch in Q4 or Q1, 2011
Joint venturing of products and/or technologies - ongoing
Licensing of products, in and out - ongoing
Relationship establishment with governments and continued clinical trials in
areas of unmet need such as TB and HIV throughout the Africa ongoing
Development of pre-production inhalation platform devices - ongoing
Underpinned by Tangible Assets
$20M+ replacement value - near new, freehold pharmaceutical plant
Freehold offices est. value $2.5 million
Positioned for:
significant sales revenues commencing early Q2
realization of major blockbuster potential opportunities
- ImmunoXel as a treatment adjunct for AIDS and TB
- inhalation drug delivery platform
- obesity drug candidate
joint ventures with major pharmas
continued aggressive growth"
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