Post by
DJDawg on Sep 26, 2023 1:30pm
share price....sigh
Day began with 130k in volume (all CAD exchanges) and a price bump of 9%.
Now we are down to 0.215. Looking at bid ask it looks to me that there is no one left to buy who hasn't already bought what the can or could.
If I had liquidity I would plant a nice big ask at 0.20 and catch some easy shares. But I can't. Good luck to anyone that gets cheaper shares on a day like this.
Not sure if anything will help the downdraft other than some news about a money source found (JV?) or BTD. Neither of those are expected soon so we wait.
Comment by
CAinPlap on Sep 26, 2023 1:47pm
While the downward momentum could be due to our poor finances and the nearterm need for operating capital, is there a chance we might need a phase 3 trial due to the recent approval of adstiladrin?
Comment by
Lesalpes29 on Sep 26, 2023 1:59pm
We need BTD. Added at .22. Real bad day on markets... GL
Comment by
DJDawg on Sep 26, 2023 2:29pm
No down to 0.2. I wish there was something RDW could do or say that would give confidence for the near term.
Comment by
Oilminerdeluxe on Sep 26, 2023 2:46pm
Ugh. It's never easy, that's for sure. Hopefully, Roger isn't sitting idle. Updates are always welcome.
Comment by
DJDawg on Sep 26, 2023 2:51pm
I'm a broken record but a licensing deal with a region is worth it even if RDW gets a bad deal. i.e. licensing all Japan for 10 m would be a bad deal but a good deal right now.
Comment by
enriquesuave on Sep 26, 2023 4:05pm
A deal would bring enough cash to prevent further dilution and would remove the lid off the SP. when that happens who knows. Could be tomorrow or in 6 months?
Comment by
DJDawg on Sep 26, 2023 4:19pm
Exactly Enrique. This company is so used to running on pennies, that a 10 million influx from selling rights in Japan or Turkey...whatever, would be amazing. RDW if you are listening.....