Very good summary reader1
The result is utter disappointment. Let's face it.
WP had not expected this result otherwise why you schedule 9 to 10.45 AEST and just give a simple read and finish in 20 minutes.
A lot of doubt exists now how the next phase will go. Hopefully WP understand trying to tap more money from SH would not be an acceptable option. Partner it or write off. You can't keep elephant in the room if you don't enough food to feed it.
I'm not after vaccine so no very great deal to me. The only thing I fail to understand is why the company pouring dollars after dollars to increase stake in vaccine business. They should be content with the stake they had in vaccine business before trying to take the whole business and pouring every single dollar.
In terms of sp 3-5 mil shares needs to be flushed out from the punter who jumped in for quick trade. Professional does know how to do it. As price is hovering around multi year low I don't see much downside from here. Probably bottom has been placed at 30c.
Gltah
AHZ Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
(20min delay)