Nexien BioPharma Inc (NXEN)

[Renegades17]

Thanks.

Might see selling pressure through the remainder of this month, but hopefully that abates by early August. Looks like $0.50, which is the exercise price of the Class C warrants (as you know), was a good floor.

Unless there's something that has to be disclosed promptly, I would wait until August to disseminate news if I were them. Let the stock settle in better hands and the float will still be relatively small, so good news would be magnified.

Hopefully an uplisting is in the works too. Hard to get institutional investors, even of the microcap variety, to buy a stock like this.