So, in saying what the link said... That manipulation has been happening for the last 12 months.. And we have all seen it and notices the 1 share movements to drop the price..
Put yourself in the position of Dr McColl,
The price has dropped to under half what it was worth 12 months ago.. The share price has clearly been manipulated.
What do you do.. A company called Lepu comes and has a chat, want some script, you think, this will be great, it gives us a path to stage 3 on our own, bugger the big guys who have wanted this company for years, and don't want to pay for it. We can do this.. On top of that this $30mil will give us a boost that we need and the sp will recover, through a bit of FOMO..
The price rises 10%, and stays there for a day before the relentless soul destroying manipulAtion re-appears.
What do you do.. It's like taking a multinational company to court.. You can't win, they have way way more money than you..
So, you call their bluff..
Righto, I know your not the only one interested in what we have.. So.. I'll take your deal. As someone else mentioned before, our results have become the benchmark for viral treatments. Others must be interested.
What are the alternatives to taking the offer, further manipulation, further sp fall, head to the 50c range??..
I think this is the best case scenario right now.. Let's see this play out..
I am interested to know who thinks this will end in another offer..
I think it will..
VLA Price at posting:
$1.69 Sentiment: Buy Disclosure: Held