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Message: Re: Added again....
3
Jun 20, 2017 02:25PM
3
Jun 20, 2017 02:51PM

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

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Jun 20, 2017 03:57PM
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