You put the company into a trading halt until you can provide the shareholders with the information they need to make an informed decision. All that releasing vague announcements with no details accomplishes is to create shareholder panic destroying shareholder value.
I am not commenting on the IP, just the abysmal way HXL’s management has handled this news. The IP looks promising and if I had to guess what happened it is the CRO stuffed up the trial. Happens all the time.
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Mkt cap ! $3.006M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 1.7¢ |
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Price($) | Vol. | No. |
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2.0¢ | 138871 | 1 |
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No. | Vol. | Price($) |
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1 | 150000 | 0.017 |
1 | 1878615 | 0.015 |
1 | 1000000 | 0.014 |
1 | 272725 | 0.011 |
2 | 309995 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 138871 | 1 |
0.021 | 142664 | 3 |
0.023 | 654500 | 2 |
0.024 | 611500 | 1 |
0.029 | 331000 | 2 |
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