RE: Why down 6%..?27 Sep 2023 08:41
Whether it had been 3p, 6p or 10p, it is not irrelevant. it was part of a strategic investment and part of a bigger deal of bringing CART to market. It does not value hemo at 6p but could actually value it higher as we don't know what other items were attached to the long term of hemo development.
One2one, stu etc can continue to question the deal but its a mega deal for a small company in pharma and shows huge trust in the future of hemo. Traders will also try to create FUD on everything hemo does since they currently control the share but once this becomes IND approved and pharma start to invest, their manipulation will become irrelevant. Until then we just have to accept their rubbish and strange english language ...