Do not under estimate the significance of these results. From a scientific perspective they are significant.
The Biomira election is neither here nor there sometimes companies in their position choose to go in a different direction purely because their base focus changes.
I no longer hold shares in this company. I sold out with a significant loss some months back. I do however wish the company well for the future solely on the basis ovarian cancer is a horrific disease with an extremely poor prognosis unless there is early detection.
The reality is, if this company had a good management team in place with a sound corporate history and market credibility then the company's shareprice would be well advanced on today's close.
Based purely on the technology it could be a real winner. Whether the management in place can turn this company around and generate shareholder returns in it's current form remains debatable.
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34.5¢ |
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Mkt cap ! $501.1M |
Open | High | Low | Value | Volume |
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6 | 99919 | 0.335 |
10 | 195357 | 0.330 |
13 | 105243 | 0.325 |
9 | 153237 | 0.320 |
Price($) | Vol. | No. |
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0.345 | 49131 | 9 |
0.350 | 269427 | 15 |
0.355 | 120622 | 7 |
0.360 | 145703 | 9 |
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