Sell, if possible, especially because it IS making money and thus should have some value to contribute to the bottom line ‘to help Admedus stay open’, imo.
Further, imo, absolutely needs to be bonded with further funds coming in thru new investors/sale of AI interests (?)
This company is on the ropes, imo, if not sold off (MDD) whoever acquires Admedus, (if) will likely sell it off!, reducing the cost of their acquisition.
On resume of trading it’s gonna have to a super duper proposal by WP and BOD to reignite long lost creditabity and postive sentiment.
Market reaction, again imo, WILL determine the faith of this company, sp dropping below 10 cents will not be very encouraging.
Market reaction more so by sophisticated investors rather than retail investors, if the former leads retail investors may be reassured to ‘hang on’ and ‘buy in’.
Great sign (?) would be to see SB ‘buy on market’, chances of that .......
The point of an extended suspension, page-56
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Last
$14.15 |
Change
0.640(4.74%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| $13.60 | $14.15 | $13.35 | $308.4K | 22.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 565 | $14.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.25 | 328 | 1 |
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