PHX 0.00% 4.7¢ pharmx technologies limited

Ann: Corum Clear Update, page-16

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  1. 2,481 Posts.
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    Yes very few shares available. Low liquidity stocks can move up rapidly on significant good news.... supply v demand. I guess we won't see anything positive in the last financial year's results to be reported soon however I am confident that 2018/19 will see revenue growth and improved profitability at last. Once the Corum Board are confident that this is sustainable it is very likely there will be dividends again.... that will be the tipping point.

    I can envisage a slow improvement in the share price though in anticipation that Corum's strategy will succeed based on uptake of Corum Clear and improved market share. Some long awaited news on the acquisition & merger front or joint venture might also jolt the share price.
 
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