According to the 3B they were anticipating holding the shareholder meeting on 19th March ….. is it coincidental that this was the day we went in to trading halt for the FDA announcement.? they knee an FDA decision had to be given by 23rd (one year from submission) they also knew 510k decisions are given at the start of each week.
They were trying to use the uncertainty over the FDA decision to ram through a terrible CR that was basically a “make up my losses” try on by Viburnum and the board should not have gone along with it.
They miscalculated and now, with the FDA approval in place there is no justification whatsoever to undertake a CR on those terms and the board know it.
According to the 3B they were anticipating holding the...
Add UBI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $35.86M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $14.86K | 92.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10650 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 19606 | 1 |
View Market Depth
| Last trade - 15.09pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
16.0¢ |
Change
0.005 ( 10.3 %) |
||||
| Open | High | Low | Volume | ||
| 15.5¢ | 16.0¢ | 15.5¢ | 48789 | ||
| Last updated 10.33am 03/05/2024 ? | |||||
| UBI (ASX) Chart |