@Wiji Volume has been increasing
SNT SH are starting to realise the value of their holdings.
Tight hands are required, its a simple formula ,, Sellers just wait for the Buyers to come up and pay your ask, if you need to get out join the Sell Side , do not sell down to the buyers ,, follow this and watch incremental gains.
News flow has been promoted to occur prior to the December Presentation in the United States.
From where I sit Management have confidence surrounding the Phase II having been provided additional Data other than Safety and Tolerability from the Phase Ia/b . You don't book a slot on the main stage to present failure...
When you look at the structure of the Holders and the amount of SOI , circa 57% held by Insto's , roughly 14% held by Management that only leaves 30% in the hands of retail and available for day to day trading... Once we see a large spread in Selling prices with only a few small to average parcels to satisfy incoming investors ,(stimulated by promoted media) we should see a steady climb ..
Not advice but SNT is now firmly n my top 5 holdings,, Enjoy the day
Friday Frenzy?? don't forget you all hold the tickets already to get on this bus,,, it's entirely up to SH what you want to charge to give up a seat ..NZT
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