"Why the market is so careless about this stock and this massive 16.5 M usd in pocket
This is not a good sign for individual investor[.]"
Au contraire! shangai.
I search every day for just this sort of set-up: A mis-priced, cashed-up equity, with validation of its "science experiment," in a thematically hot sub-sector of a touted to be hot sector (stems in bio-techs).
For me, "This is a GREAT sign for the individual investor!"
... but to each his own.
OV
RGS Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held