No it wasn't me Lopez, although I did have a sell order at .72 for a while (which I pulled)
Good to see management learnt from their mistake last time & selling at a premium... but at 82 cents ? Personally, I feel ripped off... after the years of torment I think the price should have been $1.15 or so... especially after an orchestrated sell down by the grubby robots ... quite obvious what it was all about now & I still think activity like that is / should be illegal. Hopefully there's some pissed off punters who report it..
So, the official corporate strategy is changing obviously. It's no longer we've "got enough money"
To:
We now need more money because we are developing a Phase 3 pivotal study & funding it ourselves & BTW we now have new opportunities in China with our new partner .. then we will take the product to market .... but hopefully still get bought out by a large Pharmacy when we produce the data ...
I think McColl needs to address the plans for future direction quite clearly & quickly. I can't recall in any pesentation that going Phase 3 was part of our objectives ...
VLA Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held