Of course you have to take into account that after supporting the Capital raising and providing Cellmid with a good heap of dough, some of the participants may wish to reduce their exposure by selling half at 38 and perhaps taking a hit at 37 knowing that they can probably recover that at 39 or 40 or better later on the other half.
With all the good news of late and the company poised to take advantage of several facets of revenue producing products in many markets why would you want to chuck the CEO away just because the SP hasn't performed the way some people may consider appropriate while the company is developing.
Its all very well suggesting that the CEO be replaced.
It would have more validity if a replacement was recommended.
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CDY Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held