Sep. 11 at 8:26 PM
$RENB, a fellow contributor called Renovaro (in a private message) - a short seller's ultimate dream... And to some extent (almost close to 100%) he has been right - even (or rather in particular) when the company send out good news, it is being picked up and used to sell...
Why? Because the company presently does not have enough strong supportive shareholders or institutions that can flex some buying power.
I.o.w., right now the Danes have almost lost patience, and there are no Dutch buyers either.
That leaves us with the Americans as new investors, and Lunai have zero-zilch-nada-no appeal or presence there, partly because of the Serhat debacle (still partially unresolved) and the TOTAL absence of Investor Relations, Market Makers, Road-Shows or ANY awareness creating activity that Top-Management should have as priority
Today is no exception :)
Lunai gets a Governmental grant, news gets sent out on an obscure website . Although it is a relatively small grant 1.85 million USD - it is cash and validation - and the result is an even lower price ...
This is not going to change until we see some serious grants (i.e. a/more years' cash burn or more) or some significant partnerships that bring in some muscles :) or - hopefully both.
The last months have seen a focus on:
Securing vital AI-patents with groundbreaking potential (Biosymetrics hold close to 50% of all AI-related patents in the predictive area. Still, the price has gone down.
Biosymetrics has a world-class zebra-fish model with enormous potential (one of the few specimens where you do not have to kill the host to measure the results). Still, the price has gone down
Regrouping and refocusing the organisation, strengthening core and reducing costs by concentrating forces in the US, making the company more appealing to the US Government, where the "America First" Agenda defines all. Still, the price had gone down
Very interesting cooperation with one of the most influential defence lobby organisations in the US, with very strong ties to the Republican Party. Still, the price has gone down
Unfortunately, I do not see this changing unless the company attracts someone who can really raise awareness and money,- because it certainly is not good news, brilliant research, or intriguing new products that we lack.
BUT once/if they do that, then there are so many good things that from just that last couple of months (on top of UMC e.t.c.) that have not been priced in.
