Definitely subject to falling knife syndrome.
Being a charty, you may be able to see that the long term average price, prior to the fall below five cents (you know, when the 'successful' HCV trial happened ) , was actually ten cents. I will not be surprised if that figure becomes the LT average yet again. We will see, but the market looks to be rejecting the current price, especially as directors bailed for a profit, signalling that it was trading too high.
) , was actually ten cents. I will not be surprised if that figure becomes the LT average yet again. We will see, but the market looks to be rejecting the current price, especially as directors bailed for a profit, signalling that it was trading too high.
