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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34.0¢ |
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Mkt cap ! $615.4M |
Open | High | Low | Value | Volume |
34.0¢ | 34.0¢ | 33.5¢ | $134.7K | 397.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 166693 | 33.5¢ |
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Price($) | Vol. | No. |
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34.0¢ | 559400 | 9 |
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No. | Vol. | Price($) |
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4 | 102963 | 0.335 |
11 | 723756 | 0.330 |
21 | 722631 | 0.325 |
18 | 831650 | 0.320 |
16 | 964382 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 508484 | 8 |
0.345 | 426200 | 8 |
0.350 | 347050 | 11 |
0.355 | 133069 | 6 |
0.360 | 439536 | 10 |
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