BLT 0.00% 2.6¢ benitec biopharma limited

Yippee! We have the money, page-33

  1. 80 Posts.
    I believe the price will go up very fast and probably what happened today was people trying to make easy money. They were able to buy at the IPO if they redeem the warrants at "$8.28" each ADS.
    So, at the opening buy at 8.28, sell at 9.21, very good fast profit, after that probably they started competing for selling cheaper and a downtrend started.
    The fact that the price of warrant has gone up it is very good sign, many people believe the price will keep going up from now on. Even now Its going up fast in ASX.
    The volume today in NASDAQ was 429,067 ADS = 8581340 ASX shares. This is about 34 days the average volume of ASX trading (considering an average day 250000).
    Does anyone realize the power of this.
    No more good news  == sp down.
    from now on.
    GOOD NEWS == SP UP!!!
 
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