That's a bit of a silly statement. What did you expect potential investors would do?
Have you ever watched a non-price sensitive presentation on a topic you know nothing about, amongst 6 other presentations, and thought "I need to invest in this today!"?Who ever sold 12 million units on Friday were always going to sell. Maybe some were fools trying to bank on maybe something bring announced at the presentation hoping to make a quick buck. Maybe others were selling just because it was a Friday, but nothing in SI's presentation that made me think long or mid term holders should even consider selling especially considering the "imminent" announcement.Correction: 2x imminent announcements. BLA submission, and CLBP first dosage.The downward trend started on the 19th. If there was any intention of there being price sensitive information in the presentation there would have been a price sensitive announcement.
While I was hopeful a resubmission announcement would happen ahead of the presentation it was probably a bit silly to think the announcement or the 3rd party hosted event would have been tailored to each other.
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- Presentation on ASX Gems Conference on 21st June
Presentation on ASX Gems Conference on 21st June, page-136
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