CU6 - Media and Industry News, page-11

Watch the recent Cu6 Ceo interview.

Alan tells the history of Clarity as a company, and the investors, & references Genesis amongst and their belief in the company and medical technology & direction etc.
Supportive holders.

There was nothing wrong.

Genesis were early & ongoing supporters, but came into difficulty and the fund had to liquidate its positions last year, including CU6 shares. Clearly they had to wind- up their market investments overall.

The shareprice never would have retreated back to 70c area for the months last year without their forced sales.
From memory the shares owed them about 71/72c ? Which is where the market went to.
Ultimately even their selling did not contain the CU6 shareprice which gradually rose again despite the large seller & finally seemed to be concluded one afternoon with a significant cross- trade sell at about 92/93c.
Lucky buyer- another fund or insto or whoever but was a big cross trade.

I gather there is no ill- feeling, just was an unfortunate unavoidable need to sell by the Genesis organisation or fund overall.