Nemaura Medical Inc (NMRD)

[WhiskyBusiness]

It is confusing but can't really trade up on what could be steady stream of good news over the next 7 weeks until it actually happens,that's just prudent investing period. I'm actually equally surprised it traded in the $5-$6 range as long as it did instead of trading with the overall market especially with no significant revenue or product on store shelves yet.

So that being said, the volume seems pretty low imo for what's looking like 35-40% haircut so far these past few weeks. Maybe the stock is being walked down to pick-up investor to raise capital? A big injection of cash would be useful for greater production capacity,sales team, European launch outside of Uk and support clinical trials/manufacturing here in U.S. ? If this is worth a lick , gets CE approval and they actually have something on the shelves in the UK by end of June this stock should take off.