If what you say is true, one could consider that behind the scenes activities regards testing and proving the RECCE antibotics are proceeding well as expected and according to plans, that to me is good news.
Graham would not give / sell shares to his family if they (the shares) were not good or going well as a company.
I would also consider this a POSSIBLE indication that things are about to change, he will want his family to do well out of this deal.
I read this as a possible vote of confidence.
RED
Ann: Change in substantial holding, page-23
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Last
62.0¢ |
Change
-0.030(4.62%) |
Mkt cap ! $126.4M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.5¢ | 61.5¢ | $78.93K | 125.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9703 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 50000 | 1 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
64.0¢ |
Change
-0.030 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| 65.5¢ | 65.5¢ | 64.0¢ | 4035 | ||
| Last updated 14.23pm 14/05/2024 ? | |||||
| RCE (ASX) Chart |