Worth noting FIL happy to buy up to 0.49 From memory, their...

Worth noting FIL happy to buy up to 0.49

From memory, their previous average entry was something like 0.33 ...this notice would nudge it up a little.

Also worth noting that in Sept last year FIL increased their holdings from 5.06% to 6.15% (also on a Thursday).

Interestingly the market didn't react to the news on the day but moved higher on the following day. In the following 3 weeks the sp moved from 0.40 to it's all time intra day high of 0.55 (almost 40% in 3 weeks...thanks for coming). Based on this notice FIL were not a buyer during that run, but did recommence buying "on the way down" and following the very impressive numbers from the adult clinical study.

I see a move to 0.50 - 0.80 in the next few months.

GLTA.