Led
I don't understand much about the stock market (or much about anything for that matter) and I don't understand manipulation but I just checked the TSX market and we are down to $1.35 Cdn on volume of 114,100.
As we all observed this decline from about $2.20 was concurrent with the financing announcement as I recall. It does not make sense. There was a bit of dilution but not anywhere significant enough to explain a drop of $.85 or 39%.
Eastern and Hepalink participated in the funding which in my mind is a good thing.
The futility analysis is coming up in a few months. Perhaps some sellers were taking profit pre futility and will buy back in if it is successful and the buyers are getting in at a good price in the hopes of passing futility (and perhaps, if passing futility is a condition to a larger deal/new partner it will drive share prices even higher). Anyway, these are purely speculative questions of course but something spooked the market.
GLTA
Toinv