For the one who orchestrates the SP of our beloved CUV/CLVLY/UR9.
It's clear that CLVLY follows the order(s) She gets out of Australia and
that CUV is the Choir Master. Of course UR9 in Frankfurt is also a very loyal follower. Both brothers do exactly what Mom tells them, they have to! That's to say it looks like when you take a good look at their everyday trading-range. Every time as they try to stand on their own feet, their Mom comes into action.
Yes, sometimes UR9 and CLVLY are naughty boys, don't exactly follow the command of their mother.
Yesterdays Trading-day is a typical example of such an incident.
Closingprice UR9 and CLVLY yesterday speak again for themselves.
CUV currently trading at $8,81 (EUR €5,66 - US $ 6,68)
Yesterdays Closingprices:
UR9 € 5,75 = AUS $8,93
CLVLY $ 6,70 = AUS $8,83
Mom stopped the upward moment of CLVLY and UR9. They runned too fast.
They had to be brought back to the level of todays tradingrange of CUV
Always listen to the Choir Master! He knows when the music sounds best!
What's today scenario?
CUV presumable will close at his lowest upward momentum $8,81.
$8,90, which she touched today, that's for tomorrow.
CLVLY was the best boy of the class yesterday, he misses only $0,02.
Less movement today for CLVLY.
UR9 is a different story. He didn't quite well listing to what his Mom told him yesterday, was corrected at the end of the day.
Again a downward momentum today, perhaps somewhat more then the closingprice of CUV today. (€5,61 - €5,66, I think)
What about CUV? It's not the first time she touched an SP above the $8,90!
It looks like the $9,00 - $9,25 is a resistance-level? Will it not cross that line? Some hesitation will appear in my believe, why?
The Market first wants to hear what PW has to say at the AGM, the 28th of this month. Everything depends on his outlook this time. Yes this time it's a different story then all the other AGM's who took place!
28 of November, D-Day!
If PW still hasn't learned his lesson. Still doesn't understand what open communication means because that's what the Market is waiting for.
If PW's talks on the 28th raises again more questions then answers as usual is the case, the Market will get very depressed this time.
Hopefully we've entered the point of no return this time.
We've been here before. It's a Deja vue!
This time the 28th is a very, very crucial date. It's about the Future of Clinuvel.
Which direction is Clinuvel heading, in the short, medium and long term.
What's realy going on.
Plain answers, that's what the Market/the Loyal Shareholders expect to hear from PW.
That's what an AGM is fore.
PW, my advice put your conservatism aside this time.
Clinuvel still needs lots of money for their research programm.
When I'm right one of the options Clinuvel is thinking of is to do "a Buy Back" in the near future.
Understandable but that means automatically that you have to bring your SP to an higher level right now.
All depends on the outcome of the 28th.
Will we realy seek higher levels above the AUS $10 or will the profit vanish again and will the SP starts drifting again at a lower level untill Spring 2018!
Will we crunch the $10 at the end of this month, Yes or No, that's the question?
