Spot on again Soud....as was Plasmid

First 5 Last

Share
Profile

Follow
maldowl

3,257 Posts.

57

24/09/20

17:28

Post #: 47607380
Share

Originally posted by soud: ↑

I am almost certain, Dentie, that is a deliberate ploy. I have a few weeks ago said so. The recent announcement to sell the biotech arm of the business makes me more convinced.

The company will be bought by Elk with Maria and may be one more member of the board as junior partners for a penny. The management is intentionally letting the SP slide with no intervention whatsoever. Otherwise, they would have said something positive or update us on any revenue or cost cutting related milestone. Instead it is dead silence. Why?

The management is also intentionally making zero effort to reduce cost, very much within their means which would have given SHs and investors some comfort that they are doing something positive and lift up the SP. Why?

The management has decided to sell the biotech arm of the business as soon as possible. Dennis and Maria are not really interested in this business. The later could not manage it and has managed to kill it any way. To them it is just a pain in the neck and it is in their interest to get rid of it before they acquire Cellmid.

With biotech arm gone, SP low, all cash gone with no chance of CR, they can acquire the company for nothing and we, die hard SHs, uprampers, down rampers as some classify us, ( I regard myself as a SH who believe in the potential of the company but it is in the wrong hands) will be left with nothing.

SAD STORY.

Expand

Spot on again Soud....as was Plasmid

CDY Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 77 more messages in this thread...

First 5 Last

Add AN1 (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $4.613M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	1092532	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	915015	3

View Market Depth

No.	Vol.	Price($)
4	1092532	0.009
3	354395	0.008
2	660000	0.007
1	200000	0.006
2	400000	0.005

Price($)	Vol.	No.
0.010	915015	3
0.012	390100	2
0.014	438077	1
0.019	260000	1
0.020	107820	2

Last trade - 16.12pm 01/05/2024 (20 minute delay)

AN1 (ASX) Chart

Day chart unavailable

Spot on again Soud....as was Plasmid

Featured News

Provident Aurum's off-market bid sends Sihayo shares soaring

Carnarvon revs up for revised Dorado Development

Recharged Prospects: 'Watts' on the horizon for copper & lithium

Lithium Universe ends the quarter charged up for Quebec Refinery roll-out

Why Princeton Professor rates BlinkLab's autism & ADHD screening app

Buyers (Bids)

Sellers (Offers)

Featured News

Spot on again Soud....as was Plasmid

Featured News

Top Stories

Provident Aurum's off-market bid sends Sihayo shares soaring

Carnarvon revs up for revised Dorado Development

Recharged Prospects: 'Watts' on the horizon for copper & lithium

Lithium Universe ends the quarter charged up for Quebec Refinery roll-out

Why Princeton Professor rates BlinkLab's autism & ADHD screening app

Buyers (Bids)

Sellers (Offers)

Featured News