Reason Why Sirona's Stock Has DroppedThe IR contract with the German group has expired and I suspect that is the reason why our stock has dropped dramatically.
But just wait and see what happens in September. I bet that Sirona will enter into another large IR contract with the German group and the stock price will rocket again.
I would not be surprised if the contract would be for around $300,000 for a one year contract with all of the fees payable upfront. I suspect that the German group will also receive a large stock option grant, probably around 1.5M stock options exercisable at $0.20. I also suspect that they will exercise the options right away. The exercise proceeds will then pay for the IR contract, which effectively will give them 1.5M shares for their services.
Does that make sense? Does it sound like something that Sirona could or would do?