Kintara Therapeutics Inc (KTRA)

[bigboard]

I am done here. This has no bottom, heading to zero considering this stock has been falling for years and may run out of money eventually. The data was average, however market thinks they don't have money to to test full range so they will dilute eventually
With price below 1 there is no hope here, could do RS or dilute at 10-15 cents as it keeps sinking - who knows

I am not GBM expert :), however the 40% haircut tells me it's horrible result. I read it cursory and felt it was good but second day drop confirms the data is bad


The biotechs are binary events
This looks like 0 and not 1 event
Most biotechs when data is bad will retest 52 week lows
Just batter of time

Damn these pump n dump are so hard to figure out. They run pump ahead of bad data and short it back and cover all the way down
That's what happened here
I think 0.4 will be here shortly


good luck to you
I had very few shares so no big deal..