The very question I put to management myself. COO said it was very much expansionary per the release (they are expanding CelGro production facilities) to enable them to accelerate CelGro/ATI into US/EU markets and also an opportune time with recent price rise. I think they were a bit taken aback with the price action after announcement and placement - basically they see nothing but positive developments going forward after years of ground work. The markets are very fickle/impatient of course.
J&J Partnership, page-5
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35.5¢ |
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Mkt cap ! $76.40M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 35.5¢ | $65.26K | 181.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1530 | 35.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 29436 | 2 |
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