This share has always been acting strange. Todays behaviour I expected for once. Very little people being aware of what's going on. The only buying is probably from the same people having relatively huge positions already. Little or no fresh blood involved.
I'm not surprised actually. This stock is strange and does not go up on clinical results or other positive announcements.
I guess we won't move until the tender offering is closed and it becomes clear how much cash they got out of it. Given the "internal logic" of the stock, that's understandable since the 30m China offer is non-binding and can theoretically fall through at any time when the details are negotiated. Something definitive is needed here.
You are right. Crazy enough the whole story. But all is normal: many years poisioning financing and now we vomit all the sh.t warrants out. Can take still many months. It is killing.
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