TSN 0.00% 1.0¢ the sustainable nutrition group ltd

added 20k shares thanks for the cheapis, page-3

  1. 1,539 Posts.
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    I went mad and picked up another 15k - never thought I'd get a chance under 80c again!

    As I predicted, there aren't too many buyers, presumably because most people following Alchemia had already bought in. If approval was 80% likely, then it makes sense for the share price to rise 25% following it. Instead of over-risking approval, it seems to me the market is now over-risking fondaparinux sales - and under-valuing HA, too.

    Volumes are still very, very low - 2 million shares yesterday and another 2 million odd today is maybe 2.5% of the shares outstanding.
 
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