RedHill Biopharma Ltd (RDHL)

[noretreat]

In addition to the other theory I offered earlier, how does this sound? THere was a major leak about a possible upcoming placement, so there had to be a formal announcement and then a retraction.

A whisper campaign about an upcoming offering would explain the recent decline.

A couple other investors hold this view...I'm not sure, of course.

By the way, I talked to a friend who was in on the conference call. It consisted of the first 7 slides from a recent investor presentation and no questions were answered. I have asked RedHill IR to post the slides and audio but have not heard back yet.

Last post of the day....