Interesting to look at the share price performance of SPL since the company announced to the ASX in early 2023 it’s responses to not one but two ASX Aware/Query Letters.
Having also reviewed the responses from shareholders on the forum at the time I found these two classic quotes below:
‘Actually this announcement has done Starpharma a favour and put it on the radar screen of potential investor’ ~@antibotter
’Maybe this has done the opposite of the complainants intention and actually put a rocket up the share price, well done partner.’~ @thrasher
However, in reality land, the share price has tanked from around 68 cents then, to 10 cents today.
https://starpharma.com/assets/asxannouncements/230112%20Reponse%20to%20ASX%20Query%20Letters.pdf
P.S. Did anyone find it odd that the Starpharma CFO/Secretary (who responded to the ASX Aware/Query Letters) announced his intention to resign (via ASX release) the day after receiving the 1st letter?
Share price performance since ASX Aware Letters
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Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $41.73M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.9¢ | $1.777K | 17.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 464372 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 488910 | 1 |
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| Last trade - 12.43pm 27/09/2024 (20 minute delay) ? |
| SPL (ASX) Chart |