CDY - A Hair Raising Stock

[silu]

https://stocknessmonster.com/announc...asx-2A1230742/
Not a good announcement at all. Down nearly 30%. Glad I stayed on the sidelines

[traineeinvestor]

I had this one a few years ago. Unfortunately, a pattern emerged with each announcement being about the great things that were just around the corner. After a while I lost confidence in management's ability to deliver for shareholders and moved on.

[stoploss]

Trading halt , hope this one isn't as long as the last

[Minerbarejet]

Trading halt , hope this one isn't as long as the last

They are probably waiting for Australian Financial Review to give the go ahead.

[stoploss]

Cellmid Signs Exclusive Agreement For Sars-Cov-2 Laboratory

[Minerbarejet]

https://www.businessnewsaus.com.au/a...-research.html
Much the same with a bit more detail

[Minerbarejet]

https://cellmid.com.au/wp-content/up...s-activity.pdf

Todays 4C
Just a taste
• Record revenue and consumer health sales in Q4: Revenue for the group in Q4FY2020 was $3.06 million (up 115% on pcp). This is the highest revenue to date in any one quarter and the highest ever quarterly consumer health revenue of$2.88 million (up 107% on pcp).• Stable full year on year results: Total FY2020 revenue of $8.511 million remained stable despite COVID-19 related economic disruption (up 2% on pcp). The Company remained resilient to the effects of the pandemic and consumer health revenue also remained stable at $7.40 million (up 1% on pcp).• New distribution channels continue to perform well: In FY2020, sales revenue in Australia was up 45% yoy and in the USA up 51% yoy. New ecommerce retailers and television shopping performed strongly during FY2020 compensating for closed brick-and-mortar retail in Australia and the USA.

[Minerbarejet]

But wait, there's more!

Salon distributor servicing 40,000 hair salons in the NE United States. Thats right, 40 thousand.

https://cellmid.com.au/wp-content/up...in-the-USA.pdf

[t.rexjr]

'significant revenue growth to the US business from 2HFY2021'

Sounds all good but sellers have since piled on the downward pressure. Money flow looks to be heading out...

I took a small position in this just to remind me to follow it. Total punt. 40,000 points of sale can't be all bad.

Company seems to have a few tentacles flapping about.

[Minerbarejet]

Very very interesting link.
https://www.linkedin.com/pulse/targe...-jamal-alqasem

Definitely in the right ballpark for CDY midkine antibodies