I am really disappointed that there is no upward run on the SP although PRR will be trading on the Nasdaq soon.
Last year it ran to 42 cents on expectation of Nasdaq. FIs were dying to buy in the SPP. Note they could have bought when it went t0 14 cents later but they didn't - so may be they just wanted to buy at the discount and get out at a profit or hold in expectation of a DNDN type market cap of 5 billion.
The lack of exitement this time may be due to the fall in the DNDN cap by two thirds and the fatigue of waiting for more than one year. If DNDN announces good results for 1st quarter - due soon, it will help PRR.
More importantly everything hinges on Cvac results and effectiveness. The SP has cooled down as nothing is happening. I still believe we will see a spike initially when BNYM starts to buy. When Unilife listed on Nasdaq, the SP doubled in the first 2 days and then went back.
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Open | High | Low | Value | Volume |
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---|---|---|
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11 | 188158 | 0.295 |
13 | 374153 | 0.290 |
7 | 1039385 | 0.285 |
9 | 253967 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 4426 | 1 |
0.315 | 57600 | 2 |
0.320 | 165083 | 4 |
0.325 | 239547 | 4 |
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