I'm very much the same. Held for a long time and unfortunately didn't take profits at the highs. Rode it up and back down again.
I doubt there will be any other business announcements before the September quarter release which is still 6+ weeks away.
They will need to demonstrate consistent revenue growth from Adheris during every quarter for the next 12 months with no hurdles, hiccups, flatlines or delays.
Still no audited FY yet. There was many things missing from the 4E including Management salaries and Top20.
The report listed ~200 staff across AU, US and UK. Is that too many?
ALC are reporting ~140 head count.
Does the dive suggest a CR is coming up and the "in-the-knows" are getting ready? Only $7.2M in cash after the last quarter. They have a funding facility in place.
At what level will it hold?
MDR Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
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