Fermiscan continues to sink. I made the call earlier in the year this is another ventracor. A reasonable australian biotech that just cant find any support or interest. Management is not interested in the share holders as long as they keep getting their big salaries.
As I said when the MD tells someone not to buy them at this price it means they are going lower or in trouble.
I have lost a bucket load now on this stock after trying to maintain the faith. Seemed a good story but now I think is will just fade in obscurity.
FER Price at posting:
0.0¢ Sentiment: None Disclosure: Held