Same cycle, up 10 to 15% on what is supposed to be good news, will lose it back in the coming week, tmrw down 5%, after tomorrow another 3%, etc etc etc..
the only difference we were a dollar plus stock, now we are a super penny stock.
when you read these announcements, for a company that is worth 70 million AUD, you expect a 300% increase at LEAST.
let me get it straight: we have a formula that makes great drugs that are unusable because of toxicity …. Usable.
billion dollars formulas usable…. If that is true we should be a 10 billion dollar company at least.
now before the agm, we are seing a load of annoucements, one after the other, announcements that confirm to us we are stil phase 1 clinical trials, after 20 years. Announcement they are hoping will pump the price to the 50 cents level … before it drops again after the AGM.
i think JF sohould be voted one of the worst if not worst ceo ever.
what a stock…
SPL Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
