QRX qrxpharma ltd
Add to My Watchlist 0.00% ! 2.8¢

ta bounce?

  1. 8horse
    34,528 Posts.
    lightbulb Created with Sketch. 9499
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    25/04/14
    16:27
    Post #: 13285764
    Current market cap is only $17m
    Cash on hand 31/12/2013, $17m
    Current(estimates), $12m.

    Share price smashed 80% on 23/04/14
    dropped further 25% on 24/04/2014

    As total 85% drop for the bad news, it might offer good bounce ahead.
    I found the similar trading pattern happened with PXS,

    PXS:


    QRX:
    QRX Price at posting: 10.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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