I bought into the pharma hype recently...and then started watching the stock very closely and bought a few hundred thousand shares....then the cover started to come off the ball.
First....the deposit didn't come....then the ASX had to step in to get an honest reply. After that I saw manipulation in the market in the US the past couple of days. Selloff all day then a small buy at the high right at closing to keep the price up. The same thing seems to be happening in the ASX today.
My sense is Caveat Emptor....I live in California and have seen the industry from the inside for a few years....this company is to far afield for me. The ASX regulations are more lenient and I don't think there is a lot of 'regulatory pressures' in eastern europe like in the US or Western Europe. I sold everything I had in the company the past couple of days.
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