well , we opened serve with a 507000 buy ($7600), then the 1.4c boys lobbed us 5 times with sales between $438 and $700, the first 11 minutes after the big buy and the last 1 minute before close.
The tennis match continues. They must really really want to hold the SP down at this level(accumulation??). These guys are spending far too much effort holding this at 1.4c for a biotech with a working drug in the pipeline. The effort suggests something positive in the future, me thinks. As I said in an earlier post, if you wanted out you'd be selling into a higher share price, not selling drops continually at 1.4c
Let's say ..... the coal is a go , so ATC gets funded and the already signed off marketing /distribution deals kick start us a profitable drug with NO big Pharma ripping off the profits. One would expect a reasonable hike in the sp :)
? for anyone. Can the company find out if the 1.4c seller is also a nett buyer. That would be interesting. Also might have to ask Dr Coates if there has been any significant changes in the share registry.
The soon to arrive tax refund should turn up soon and I'm very tempted to top up. DYOR
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