CDY 1.43% 7.1¢ cellmid limited

China is going to take time , USA lets see how it pans out ,...

  1. 5,095 Posts.
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    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 .
 
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Currently unlisted public company.

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