CUV 1.35% $14.60 clinuvel pharmaceuticals limited

Slow news day, and typical minuscule volume yet still...

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    Slow news day, and typical minuscule volume yet still manipulated day for CUV, but latest ASIC data now shows 5 days of increases in open short positions for CUV for the latest 5 days data is available. Shorts still pushing up near 6% open positions and intent on manipulating and controlling the share price where they have massive exposure- 500000 fake shares (1% of CUV) introduced in the days after the buyback was announced and after Disc flunked their EPP Phase 2 tells the story of what is going on there. Seems mighty risky to me as every day Clinuvel is banking more cash profits and getting closer to blockbuster Vitiligo Phase 3 completion which is slated for Oct this year and they are already very undervalued IMO thanks to 5 years of manipulation in driving down such a lightly traded stock. I do remember it was mentioned that only one purchaser of a large amount of shares in OCT 21 was enough to take the price over $40 so we all live in hope that the company may attract another such buyer with one of their three Investor relations experts on three continents - especially since the average analyst PT is around $26 already and the one analyst really pricing in Vitiligo is nearly at $50 ($46 I believe they have).

    Possibly might see the cyacelle sunscreen release soon leading into the European summer. Couldn't really care less about this, I believe it was already 'launched' and a giveaway at one of the Michelin catered Monaco soirees, but I suppose it does tick that box on the way to the 'Self-Bronzing' (tanning most of us would say) Photocosmetic which is outlined in the Chairman's address and the Sydney capital markets presentation. First Photoprotection, then DNA ASSISTED REPAIR, then finally SELF-BRONZING. Should be a popular product when it's released I imagine.

    All IMO DYOR


 
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$14.60
Change
-0.200(1.35%)
Mkt cap ! $731.5M
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$14.64 $14.85 $14.58 $346.2K 23.56K

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No. Vol. Price($)
1 89 $14.58
 

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Price($) Vol. No.
$14.65 80 1
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$14.58
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$14.66 $14.86 $14.58 2914
Last updated 15.59pm 17/06/2024 ?
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