Note receved from my broker today:
I have no direct information about specific announcements but it is said on the Street that the MD has been away for about 3 weeks.
I don't think he would have spent all that time in Atlanta or NY.
The word is he has been running around lining up things for an announcement when he returns to Australia .
The Shareholder Private Placement closes this week so he will be back I would assume. Lack of news suggests SPP is now secondary to other developments.
Therefore if you were thinking about buying about $10,000 worth on market you should do it today or tomorrow.
We expect good announcements very soon. At a guess maybe major US pharma partner, trials clinic in Middle East, expect something from EGM later this week.
Kind regards
PS There is no insider stuff here just circumstances.
Note receved from my broker today:I have no direct information...
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43.5¢ |
Change
0.015(3.57%) |
Mkt cap ! $619.6M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 44.0¢ | 41.5¢ | $1.416M | 3.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38735 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 41215 | 1 |
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| IMM (ASX) Chart |