IBX 0.00% 8.2¢ imagion biosystems limited

It looks like people are using this announcement to "get out"...

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    It looks like people are using this announcement to "get out"

    For what it's worth here is my read:
    The only way the SP will continue to go up is consistent announcements and communication. Most importantly completion of the trial needs to be announced and this has to be before the OA's expire. If not it might be a bleed back to the low 2's or further.

    In competition to SP increase, it does look like a CR is in the works which means dilution. I hope the CR is open to SH's however I'm not holding my breath. I believe a CR will cause the SP to drop and that to me looks like the best time to jump in.

    I believe in the tech and what it can do but have lost a bit of faith in IBX communications.


    All IMO. GLTA.
 
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