I know today is rough. To be quite frank, I was considering selling on the open - it's tough to watch money drain from my account. But, I know the market is irrational and unfortunately this is the game we play.
Now, this isn't over. The results can't be better in OZ compared to the USA. There is a reason for this. I can sense the market knows that, especially those that understand what we have in hand. We just completed a Ph2 trial with SIGNIFICANT results, but an error in one data set....
CBD manufacturing differences is a huge *$%# upon management's behalf, or maybe it wasn't on them. I would be surprised if they didn't rectify this before the AGM.
Also, there is a lot of good in the company. We have 3 products in the pipeline, and our Ph2 pulled through with positives. I can not justify this MC given the development we have made since Phase 1b results across the board.
This isn't a gameover result. Look at $RAP for some confidence.....
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
3 | 70075 | 37.0¢ |
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Price($) | Vol. | No. |
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38.0¢ | 422900 | 17 |
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No. | Vol. | Price($) |
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3 | 70075 | 0.370 |
5 | 550584 | 0.365 |
4 | 535584 | 0.360 |
15 | 548544 | 0.355 |
28 | 842340 | 0.350 |
Price($) | Vol. | No. |
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0.380 | 422900 | 17 |
0.385 | 278435 | 6 |
0.390 | 921220 | 6 |
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