CDY 1.43% 7.1¢ cellmid limited

Hi there Tsuba...Thanks for the update from Maria. I agree there...

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    Hi there Tsuba...Thanks for the update from Maria. 


    I agree there would normally be a rise in the share price as part of a takeover bid as it is a lower than true value share price which attracts the takeover bidder in the first place.  The takeover bidder would want to offer an increased share price in order to dupe their target shareholders into selling (probably still below the business's true value!). If the future business prospects weren't rosy - why would the bidder bother?


    All this conjecture has only started because all the current facts and information appear to support share manipulation - whether it be 

    around a possible takeover or whatever other conspiracy theory. The biggest thing is the continuing unreasonable drop in the share price (with associated questionable trading tactics) over a short period of time - without sufficient reason. All the announcements and the general business performance don't support a share price drop of this magnitude. Something is not right and the Board has made no effort to quell this specific discontent amongst the shareholders.


    I don't believe the Board should be effectively "hiding under the bed" on this issue - hoping like hell it will all go away.frown.png

 
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