CDY 1.43% 7.1¢ cellmid limited

Neiman Marcus, page-86

  1. 5,095 Posts.
    lightbulb Created with Sketch. 106
    If you did not want any focus on the sp then why  bring up this forum again ?  The sp at the start of this forum was trading disappointingly around 0.024 which is 0.48 after consolidation , now trading around 0.011 ,  ( 0.22 to 0.235  after consolidation )
    Same management since 2007 , this company in terms of investor returns has been a disaster for much of that time .
    Now  the sp is in free fall  , Midkine news was good , instead investors took advantage of the volume to exit and take advantage of the volume .
    From an investors perspective , it does seem they have lost trust in the current Cellmid team .
    Cash balance of $ 5.4 million end of quarter and a receivables balance of over $ 1.5 million .
    A new team may be the answer , especially since they would have the funds available to implement a  new approach .

    Last edited by MajorJohnny: 09/02/19
 
watchlist Created with Sketch. Add CDY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.