TRI 10.7% 2.5¢ trivarx ltd

Would make sense @Holdemclose, or even asking when the next Top...

  1. 160 Posts.
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    Would make sense @Holdemclose, or even asking when the next Top 20 would be made available.

    Anyway, this chat has gone down the rabbit hole again.

    Important things to note here (for me at least) at Medibio are;
    - CR just closed and trading 100% above offer price
    - Claude purchased 10,000,000 at 0.06c in the raise, now has 50,000,000 plus options
    - FDA announcement is pending
    - SP moved above 200-day MA
    - Contracts are still up in the air
    - Market cap is $16m according to HC - I am not going to reconcile a fully diluted MC for the purposes of HC
    - Company is yet to deliver on anything material after years and years of effort
    - The ASX is more irrational than ever at the moment

    With those 8 items, I see there is still legs in this price movement should FDA be granted (2-3 cents + who knows). But after that, it truly is a guessing game.

    Mr.G
 
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