This is totally unacceptable from Mary and the board. No reasons given for DCB’s abrupt departure.
My guess is DT, as the largest holder, may have called Mary or BOD and said that he thinks strategy has too many holes and will open us up to FDA rejection down the line, or make us unattractive to M&A. If DT doesn’t have his way he may sell and that would crash the SP. The other option is he comes into consult and he will hold his stocks and better still buy on market which could reimpose faith in Peter Smith and the company.
This announcement may be a blessing in disguise or the beginning of the end… sorry, this has made for a gloomy start to the day and it will be hard to find a silver lining.
I know, I know, this is just my guess….AIMO. DYOR. and all other disclaimers. I am sure the TA and price chart threads will have a field day or week or month.
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Last
$1.79 |
Change
0.005(0.28%) |
Mkt cap ! $309.3M |
Open | High | Low | Value | Volume |
$1.80 | $1.84 | $1.79 | $111.6K | 61.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1100 | $1.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.81 | 5815 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1100 | 1.790 |
4 | 21240 | 1.780 |
1 | 1690 | 1.775 |
1 | 11200 | 1.770 |
1 | 2200 | 1.760 |
Price($) | Vol. | No. |
---|---|---|
1.810 | 5815 | 2 |
1.815 | 4294 | 1 |
1.840 | 1000 | 1 |
1.845 | 679 | 1 |
1.855 | 1400 | 1 |
Last trade - 13.22pm 01/10/2024 (20 minute delay) ? |
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