Oramed Pharmaceuticals Inc (ORMP)

[navyvet]

Reading the earnings report, I didn't see anything in there that I thought would be received particularly well. Most everything we already knew, no updates on the COVID vaccine pill studies and when we should expect them to begin, it appears like they have been issuing shares on the open market over the last couple months, and our Chinese partner is disputing payments (although that may have been known already). Good news is because of them issuing shares, our cash on hand has increased, but we will see tomorrow of the market saw anything positive in the earnings. I feel like it will likely trade down but I'm definitely no expert in reading these.