IXC 1.43% 7.1¢ invex therapeutics ltd

Ann: Initial FDA and EMA Advice on Presendin Development, page-143

  1. 17,528 Posts.
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    this is my theory
    Sell down nothing to do with tech , success or otherwise
    I wonder if there is a seller ie the beneficiary from this transaction ??
    I have no idea why Warambi Sarl was liquidated .
    Maybe once the stock flushed out then up we go .


    I have really nothing to base this on - just a maybe


    INVEX THERAPEUTICS
    Dr Jason Loveridge has ceased to be a substantial shareholder in Invex.
    The London-based Dr Loveridge said that his 3,336,000 share-holding was diluted on May 28, 2020 through the $26.2 million placement at $1.30 a share and through the liquidation of Warambi Sarl and transfer of a 50 percent interest of 1,770,000 shares to another shareholder for $277,927 or 15.7 cents a share.

    This was in Biotech Daily 2 June
 
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