Great post nikk0,though I take issue with a couple of points.
This is not illiquid to those who bought at 9c,not a bad profit when all said and done.
Also,we have had a sustained break,from 13c,though I am informed the gap hasn't been filled at 13.5c.
So you are surprised that the placement holders are taking profits.
Well bloody good on them for taking it up in the first place IMHO,without that cash there would be no cosmeceuticals that has sparked interest and attracted broker valuations.
Also,being seriously in the money at 9c doesn't necessarily make this a short term perspective.We have a holder of 18 years amoung us!
Without success with the 3M patch and worthwhile results from the collaboration with CSL this company has no viable prospect IMHO.
As makatack says 'ease up,it's only my opinion':)
POH Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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