lots of niggling going on in this forum. often happens after...

lots of niggling going on in this forum. often happens after such SP volitiliy pending on a persons individual experience ie. what price they purchased at, and how far in the red they are now for paying a higher price.

everyone needs to get back to fundamentals and informative discussion, quit the bickering.

ovarian and breast cancer early stage diagnoses tools from a microcapped australian BIO company.

40 million market cap. cmon. If managment and the RD team get this right and i mean if. Wow. Who bloody knows what this little company could and should be worth. not even going to guess a figure. I DON'T KNOW.

Ovarian cancer - About 21,000 U.S. people get diagnosed with ovarian cancer every year, and about 14,000 die from it. 

Thats a 66% mortality rate US alone. Stages 2,3,4 are considered advanced and have moved away from the ovary.

BD1 has a non-intrusive diagnostic tool. specifically for High risk patients, but can be used as an early more convienient detection method.

Now re read results announced 6/9/18 (BARD1) Ovarian test results.

Breast cancer - In 2018, an estimated 266,120 new cases of invasive breast cancer are expected to be diagnosed in women in the U.S. It's not just women though. An estimated 2,550 men in the United States will be diagnosed with breast cancer. It is estimated that 41,400 deaths (40,920 women and 480 men) from breast cancer will occur this year. Remembering US only.

Now re read announcement 23/10/18 World first BARD1 Breast cancer test.

Exciting and breakthrough medical development...... very early stages offcourse.

THESE ANNOUNCEMENTS are the reason for the price volatility and more importantly daily volumes.

Such moves will always attract traders. profit taking. retail investers. and manipulation. 

all goes with the ASX micro cap space. 

Yes a capital raise is impending at some point. but this can be done in many different ways. The only time it is negitive if its for general working capital or no good reasons at all.  BD1 has plenty good reasons to raise the money. Im sure any raise will be eagerly subscribed too aswell.

Forget the niggling lets keep threads informitive and on topic.

so here's a chart for something different.

Key resistance is obviously 3.3c  could be some pain to the downside if it does not hold. Expect stops to be triggered under this level.

If it holds i will be keeping a keen eye on a likely tightening equilibrium pattern of higher lows and lower highs.