Now that results are out I will be seeking further opinions and comments from the company, especially Dr Neil Frazer.
The market reaction has been utterly disappointing but the selling started well over a week ago and at 15 cents is there really any hype left in the stock?
The announcement itself contained no hype at all. ICS looks promising and CVAC continues to progress in the right direction. Further ICS data is imminent. They are moving on with phase III with confidence.
The open was positive but traders hit stop losses and are now bored with the stock and moving on. MD is nearly 1 to 4.
My only question, where are these so called institutions that didn't get all the stock they wanted at 28 cents? You can pick up as much as you want for half that price today.
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40.0¢ |
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-0.005(1.23%) |
Mkt cap ! $581.0M |
Open | High | Low | Value | Volume |
41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2506 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 8079 | 1 |
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No. | Vol. | Price($) |
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3 | 62000 | 0.390 |
4 | 33064 | 0.385 |
8 | 91570 | 0.380 |
1 | 100000 | 0.370 |
4 | 24220 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 41895 | 3 |
0.415 | 130388 | 7 |
0.420 | 550003 | 10 |
0.425 | 39700 | 3 |
0.430 | 13701 | 3 |
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