CDX 0.00% 5.9¢ cardiex limited

Ann: Trading Halt, page-41

  1. 5,657 Posts.
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    Generally, yeah, kickit.

    Maybe not this time.

    1. They're holding back the SPP dates until Wednesday. Maybe the record date is now or even last week, so holdings thinking about flicking shares and loading up might need to think again.

    2. Craig and Niall have stepped up yet again.

    3. There's too much imminent material newsflow to keep it down for long.

    4. SPP is only for $1M so it'll be heavily scaled back. No chance of replacing an existing holding at a lower price, unless very small. Negates sell pressure.

    5. Taking all that into account, it may well hit 30, probably will, but it won't be for long.
 
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