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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Mkt cap ! $651.6M |
Open | High | Low | Value | Volume |
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14 | 300756 | 0.350 |
5 | 705944 | 0.345 |
9 | 159248 | 0.340 |
2 | 330000 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 266249 | 5 |
0.365 | 611292 | 7 |
0.370 | 669098 | 6 |
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