Hi @ozgoldtrader, The stock price did overshoot in a major way to the downside prior to a major change in sentiment .Definitely more shares on issue now but many of the new shares could be held by investors in this for more than a trade.
I remember as a large investor in Sirtex , at times it looked horrific , when trading around $ 40 to back under $ 10 and then to trade much higher again before being taken over for $1.9 billion. This sector is particularly brutal as investors have seen. Increase awareness , building infrastructure, approvals , distribution , trials , new and existing investors increasing holdings ( some in this at a higher sp ) could mean Sales whilst great are not the main play here and a take over is. Everyone should do there own research but in my opinion risk vs reward looks very good from where it is currently trading.
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