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9.09%

10.0¢ starpharma holdings limited

Ann: SPL7013 COVID-19 nasal spray virucidal against SARS-CoV-2, page-26

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14,434 Posts.

609

14/09/20

13:09

Post #: 47321551
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Originally posted by runaway: ↑

Great announcement today. It will probably get priority to fast track to market. This could really help with the Covid situation until a vaccine is made which in reality would be a few years off even though big pharma are saying possibly end of this year. I think the shorters have taken the wrong side of the bet this time. 4% short outstanding on a float of 372M or approx just under 15M shares. 4.8M shares traded today so far and it's up 8%. The average daily turnover is much lower so if the price keeps appreciating the shorts will capitulate at some point and potentially blast the price up, getting very risky being on that side of the trade. Next round of US stimulus will be announced in the next week or two so that will steady the US markets, and they may retest highs again (depends on the stimulus package).

Could be a strong afternoon session for SPL. Short side will be contemplating their positions and wouldn't be wise to average up.

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The shorts are keeping this down, but they have to close...its likely going to hit the media outlets and overseas investors and big pharma...this is a no brainier...I am expecting 5 bagger Plus

SPL Price at posting: $1.73 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last 10.0¢		Change -0.010(9.09%)		Mkt cap ! $41.20M

Open	High	Low	Value	Volume
11.0¢	11.5¢	10.0¢	$97.11K	916.6K

Buyers (Bids)

No.	Vol.	Price($)
14	318636	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	123446	3

View Market Depth

No.	Vol.	Price($)
14	318636	0.100
2	130000	0.099
2	12305	0.097
2	90001	0.096
2	17226	0.095

Price($)	Vol.	No.
0.105	123446	3
0.110	39099	2
0.115	129525	9
0.120	172500	5
0.125	315137	5

Last trade - 16.10pm 04/06/2024 (20 minute delay)


Last 10.0¢			Change -0.010 ( 11.1 %)
Open	High		Low	Volume
11.0¢	11.0¢		10.0¢	332353
Last updated 15.02pm 04/06/2024 ?

SPL (ASX) Chart