Results are more than good, I cannot find any news around early termination of a large trial, I guess there could be something out there that has not been publicised yet. So what could it be ? My guess is that it is a margin call or calls, we have a good number of US based investors, I suspect that the ugly swoon in Nasdaq 100 at the close yesterday and it now having breached 10% down from the all time high may have forced a margin call in one or a handful of investors accounts.
One possibility to which I assign a low probability is that Brad has dumped a bucket load of shares again, I suspect even he would not be this aggressive with respect to price sensitivity but if that is the case we will know soon enough.
But it has the feel of a margin call to me.
CGS Price at posting:
$1.88 Sentiment: Buy Disclosure: Held
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