Some big dumping today as feared. This is why you don't do...

Some big dumping today as feared. This is why you don't do unnecessary CRs when you are already cashed up. Opens the door to all these short term profit takers who are happy to get a bite at 8.5c and then cause the SP to soak through all those buyers. We had built up a lot of tight sticky hands over the last few months, that buy side was swelling everyday, the conditions were perfect to have a squeeze to 20c. Instead all those buyers are getting a pretty good price with all this dumping and soaking. Be wary of more dumping, they let the buy side build up and then dump into it. Looks like 20c will take much longer than I anticipated, patience is key, give the SP a month to stablilise from all this volatility. A trial announcement this week or next could be a good bonus. Target is 2021, IBX still has a long way to go and give it a good 3 months at least. 50c always on the cards with a successful clinical trial.