Lots of profit taking happening considering this stock is one of the better performing IPOs this year. 25c IPO and almost hit 70c in the first week, due to all the hype and pent up demand during the IPO (people were claiming they got scaled back to 10% of what they wanted).
I expect this to get sideways a bit until the financial year is over, then once we get updated on their trials/newsflow with all the selling being washed out, should be an absolute burner.
ILA Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
