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Last edited 9 months ago
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#ASX Announcements
stale
Added 9 months ago

Went through the company newsletter and liked what I saw with the shift to present some targets

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...until the comment on the hedge funds about the buyback

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Hedge funds are there to hold companies to account, improve market efficiency and public disclosure. For the sake of shareholders, I wished the board would ignore the short sellers and instead focus more on running the company, achieving targets, seeking opportunities and keeping the trials on track. This I believe, will drive the share price and not the buyback.

FYI, the patents protection run out 2027?? From Bell Potter

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[held but with not much conviction]

#Bull Case
stale
Added 9 months ago

Clinuvel initiates buyback of 1.5m shares

Up around 8% on the news.

Held on ASX comp portfolio only :(