CDY 1.43% 7.1¢ cellmid limited

Ann: Cellmid Share Purchase Plan, page-10

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  1. 5,095 Posts.
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    Glad its the weekend as Retail Holders portfolio is looking worse by the week .
    If it were not for the Capital Raising the sp would be trading around 0.50 .
    It seems capital raising was intended before the consolidation , theories about volatility
    from the cellmid as one of the reasons is laughable . It all make sense now why the sells
    were loaded up under 0.50 layer after layer attempting to close before Trading Halt as close
    as possible to CR SP . So Cellmid raise at almost 18 % under VWAP for the past 30 days with the
    same old line that almost every asx listed company includes , over subscribed .
    If this were the case why not a CR in the mid 0.40s at least .
    Midkine Partnerships are probably investors best opportunity at seeing a return on there
    investment .
 
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