China is going to take time , USA lets see how it pans out , selling in stores such as neiman marcus , bloomingdales is a mistake in my opinion . It is similar to say someone going to Myers or David Jones to buy a hair loss products , bizarre , but lets remember we are talking about CDY . Yes I know they also sell other products but they should be selling in stores such as walgreens , pharmacies , etc . High cash burn , wages, etc . Australian sales , lets see in the half yearly . I have noticed less exposure at price lines than in the past. Also have not seen Evolis in that many pharmacies , so not sure how it is going . Midkine , they seem to be kicking the can down the road over and over , buying time , selling a dream , rather than really going for it . Reasons may be they have nothing really that worthwhile , otherwise their would be offers of collaborations , or they are not marketing themselves in the correct way , after the IKON court case and the publicly listed information available , this could be a reason also . All in all , this has been a nightmare for investors , wish I never heard of the company , but no one forced us to invest and there has been plenty of signals that something is not right with this company . Now trading under 1 cent , ( 0.19 ) , there are still plenty of sellers , noticed that the sell column around the current sp was re loaded over and over which unfortunately may mean there is further downside . Half Yearly should be released in the next week or two .
CDY Price at posting:
19.0¢ Sentiment: None Disclosure: Held