Innovation Pharmaceuticals Inc (IPIX)

[kfcyahoo]

JTO,

You state: ¨Figure at least 2-3 more run ups and then dumps by Aspire before end of the month.¨

I would think Aspire has been unloading whatever shares they had remaining the 6/28/18 deal date, leaving them 65 trading days from 6/28 thru 9/28.

If they held ~5% (8,750,000 shares) they would need unload ~144615 sh/trading day.


If they held ~2.5% (4,375,000 shares) they would need unload ~67303 sh/trading day.

If good news comes, they have already negogiated in a somewhat reduced buy in price based on aprior 5 day moving average. News not so good, they are free and clear.

kfc