Folks this persistent drop in the share price value has been very disappointing, obviously!
The company must act in the best interest of shareholders. The study has been completed for some time. (since January 2018) The wait has been incredibly frustrating. The results are known to a handful of people. As a shareholder we should be entitled to know what the results are!!! To be honest this company should be in a trading halt phase until results are published if the UNI wants to keep it a secret for now (feels like a Roswell case - area 51 LOL) , this should have occurred in January! at least the price would have held its value in the low twenties and it would have increased in value (if the results are positive) off a higher base price.
The way this has been managed is disgusting. Company needs to demand results and stop ducking around. Still I think we have an amazing product and an excellent future because I think the product works, just the process should have been handled very differently. We shouldn't be in the dark like this!
PS IMO the decline in share price has been on low volume, a mix of end of financial year selling and investors who are panicking. I don't think the cat has been let out of the bag, so to speak and people know what the results are or something. All evidence points to the - THE RESULTS WILL BE BLOODY AWESOME!! Some people are now questioning the results based on the decline. As I said this would have been avoided if we were in a trading halt...
Oh well at least this drop gives investors an opportunity to average down if they truly think the results are positive. Strange that management isn't supporting the share price at these levels and buying on market?! Maybe they know too much and are privy to info?! So I assume the ASX forbids them to due to the trading window hmmm...
Things should settle down after June 30 IMO
STEP IT UP NTI FFS!
Cheers
Red bar
NTI Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
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