Replies to post #144926 on Innovation Pharmaceuticals Inc (IPIX)

[Amatuer17]

Stock market - no democracy but meritocracy

Market looks at performance and gives vote of confidence by investing or going out of stock.

With so called great pipeline, market disinvested from this stock and even believers are not adding investment (look at pathetic volume)

So market give huge thumbs down showing lack of confidence in CEO and company. Draw your conclusion.