Yes for all the hype, there doesn't appear to be much demand for the SPL shares at the moment, although 7 million + shares were bought in the frenzy of the announcement on 15th April at well above today's prices....
They bought some of mine, which I have now bought back, but I think most are holding strong so I do wonder who bought all those shares at higher prices ?
The register was tightly held before this announcement so I can only imagine with the additional media stories others are holding even tighter now.... where are the shorters going to get 15.2 million shares from in a hurry to cover if great news lands with a SPL7013 partnership deal ..... especially if that is backed up with great DEP docetaxel phase 2 results
The Australian Government is providing AU$13 million (US$8 million), page-3
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