TRI 0.00% 2.5¢ trivarx ltd

Medibio brings instos on board

  1. 926 Posts.
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    I see there are some here that are disgruntled about the raise. I was at a presentation where he said they had enough $ too, however i do understand that if you are approached by instos that want in, then its prudent to take the money offered if it will accelerate the company strategy. As i understand it, those instos that have come on, like Fidelity before who now sit patiently on 10%, will be holders, not flippers. I think the problem with the share price recently has been that there has been local sellers mucking with the price whenever a good announcement comes out. It all looks good from here and if you are selling now, then you miss the big move as Jack revvs up the MEB engine in the US where all the action is. This story has a long way to go. R
    I'm a holder and a keeper
 
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