I cannot remember the last time the market was so heavily skewed to the buy side. Today we traded 3% of the company and finished with an unsatisfied demand for 610,155 (a bit less than 2% of the stock) over a supply of just 92,160 (ASX figures only).
This is unusual for Starpharma!
Sure this will bring out some sellers as today has certainly brought out the buyers.
The financial news will be interesting!
I think as AB has so often said "the worm has finally turned".
And good luck to those, like me, who held SPL when the price was $1.80 and did not lose faith when it dropped right down. My cost base is 71c so I am pretty happy today.
SPL Price at posting:
$1.04 Sentiment: Buy Disclosure: Held
