I am actually quite excited by all the action to date. Been through this with VLA in the past. Good news, share price fall. Common denominator? Merck!
From that Kalkine interview, it looks like Merck has made the move, stealthily. First, dance card with Her-Vaxx. Now, even booked their dance card with CF33 in advance. If that is not a move, then I don't know what is. While they do this, I bet they are probably planning to takeover as cheaply as possible. So they will be one of them who would be putting pressure on share price. Bet they are accumulating now.
This is really the time for all those late entrant to swim with the sharks. As long as there is no bad news, just keep swimming is all I can say.
The above is my opinion based on past experience in the relationship between VLA and Merck. Of course the current share price action would also be due to funds jostling for a position before the inevitable ASX200 inclusion. But now that merciless Merck is involved, hope you all can hold on to your wig!
Media Thread, page-4124
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4.6¢ |
Change
0.001(2.22%) |
Mkt cap ! $342.1M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $906.2K | 19.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9543864 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 1266571 | 1 |
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