RE:News of a strategic equity or R&D partner may be coming...newdaydawning wrote: My gut tells me InMed is on the verge of announcing something very BIG. It might be some kind of clinical R&D arrangement with a bigger biopharma, or perhaps a large equity infusion from a strategic investor. BIG news will be needed to counter the potentially huge sell pressure from the liberation of 10-cent shares and 13-cent warrants at month's end. GLTA DYOD!
Retail investors = inpatient = short-sighted = easily manipulated
This is the risk with holding shares in a company where the float is held by retail investors. Easy up Easy down.
This will go lower then .10 on sheer panic.
I plan to load up when that happens. Grossly undervalued compared to peers. Only difference is many of them sit on US Exchanges and Inmed sits on a Canadian Exchange with no exposure.