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Therapix Biosciences Ltd ADR TRPXY

Therapix Biosciences Ltd is a specialty clinical-stage pharmaceutical company. It is engaged in developing several innovative immunotherapy products and it owns patents in the immunotherapy field. It is focused on creating and enhancing a portfolio of technologies and assets based on cannabinoid pharmaceuticals. The operating segments of the group are Development of drugs based on cannabinoid molecules to be approved by an official regulatory authority (the Company's operation); and Pain clinic


OTCPK:TRPXY - Post by User

Comment by Fundy13on Jan 18, 2019 9:54am
23 Views
Post# 29250579

RE:RE:RE:They do seem to be trying to find a partner.

RE:RE:RE:They do seem to be trying to find a partner.The trading has been a bit odd lately.  There does seem to be a bump at the end of the day most days, but sometime son very small volume.  It could be an attempt by someone to keep the close price up a bit.  This is such a low volume stock that it is pretty easy for a very small market order to either bump or drop share price a decent amount.
Overall volume is so low that I do not think this has anythign to do with any insider knowledge getting out there.  Look at the volume in the month leading up to the announcement of the HUGE deal on Oct 22, several hundread thousand shares per day, right now we are not even breaking 50K shares most days.
The money tells the story though, there will be an announcement by the end of March at the absolute latest, whether it be a new deal or new financing, something will be done before the cash runs out.
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