This IS the market. Investors and traders look for undervalued, overvalued, and fairly valued stocks and then decide what they think of them. These people then ascertain what the key movers in price will be and put timeframes on them. They also assess the backend such as Management and staff.
They try to be realistic.
If you are a trader and you get an assessment wrong, then normally you will cut losses and look for better pickings.
If you're an investor you need to have the patience of an investor, and you need to have REALISTIC timeframes for company phases/events that will propel the company forward.
An Investor cares less about the share price of the journey and cares more about end goal share pricing.
As an investor, I have no problem with the share price now because I understand the value that will come to this particular stock will be when it has a locked-in viable product, and I can appreciate what sort of price that might be by projected market, pricing, and PE. So I can tell if things go according to current plans the approximate value of my holding at commercialisation, and also pre commercialisation when phase results are confirmed, such as Futility in this case.
The share price today doesn't matter to me as an investor, it matters to me what it will be if successful.
And there are no guarantees at this point.
And those that go around spruiking this and demanding that of a share price atm clearly have a less than sophisticated understanding of the market, and more importantly, how to be successfully involved in it.
And how to be successfully involved in it is to take zero notice of what values others assess for a stock, and if you can't make a value for yourself you probably shouldn't be in it.
Share price can be relevant for raising capital, and it should be appreciated ANPs raising was at 0.24 after it abruptly rose to low 0.30s
It was this that after averages etc made a fair price for the offering of 0.24
Some might consider that this was orchestrated.
Without this abrupt rise and if we were sitting around 0.18-0.20 then the raising could quite likely been around 0.14-0.15
When considering this perspective the SP jump was fortuitous and benefitted at a better raising price, the fact some shareholders thought it was just going to raise on and on is their own perspective, and maybe not correct or beneficial.
Pre-internet days of share trading you educated yourself to understand the beast that is the market, and if you got it wrong or didn't like management or decided the company wouldn't meet expectations you sold and looked for greener pastures.
Now in the world of the internet and the Twitter mindset exists some people fill their days posting and reposting over and over their own personal dislikes, even if it means reposting the same disgruntledness 100 times over and over.
Maybe some techniques from the past could be employed, and sell and find better opportunities that more suit your mindset and experience.
We have one mother of an event coming up, EMA Trial results, if you can't wait till then maybe this investment isn't for you. And it must be mentioned there is no guarantee of results, only personal opinions can be formed, which may or may not end up being correct.
Yes there are other events along the way that might influence share price, or they might not, this is an R&D company, we don't have a product for sale yet, nothing is guaranteed.
But if we have success then investors will be rewarded, and that is a fact.
Do people want to hang around and wait for that, or go through the disappointments along the way? Well that is on each individual, not the company.
ANP Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
