Now that's the best news I've seen in a long time!
Diabetes is a huge market, unlike most of the things these guys have launched lately.
I think sp is heading south due to the extremely poor communication from management on what's going on. I mean, why would you buy CIR at the moment? News is very infrequent, and relates to very small revenue streams. Depth is non-existent.
Current holders that are stressed may be selling out, having a huge impact on sp with very small parcels. But it will continue down until we get some significant announcements about future revenue.
Or the usual BS happens - a takeover at a 50% premium to last traded share price, which gets the all round thumbs up from the independent valuer, the board, the CEO, and everybody - except long time holders who get shafted.
CIR Price at posting:
59.0¢ Sentiment: LT Buy Disclosure: Held