SPL - Starpharma Holdings

[farmerge]

Index Announcement - All Ordinaries – Effective Prior to the Open on March 18, 2024
Action - Code - Company
Removal - SPL - Starpharma Holdings Limited

@debtfree As I have mentioned previously SPL apparently was offering so much, well perhaps, and has failed dismally to deliver.

 

[frugal.rock]

A chart for the visually impaired.

 

[Knobby22]

A chart for the visually impaired.

View attachment 173746

Remember #Greggles The bottom is in thread?
I am desperately hoping for my yearly tip that what you are showing is one of those!

 

[frugal.rock]

Remember #Greggles The bottom is in thread?

@greggles
(that hashtag crap isn't tolerated here at ASF )

 

[farmerge]

A chart for the visually impaired.

View attachment 173746

Oh my gosh, even without the new specs I can read this one !!!!!

 

[farmerge]

harking back when Commsuc was in vogue old mate "Mahail" was a great believer in SPL.
He had then a train load the stock.
I often wonder if he is still with us or annoying the CEO's of various companies from a vantage point in the wild blue yonder.

 

[Knobby22]

Suddenly the price has risen a little, directors buying and heaps of buyers at 13c.
Starting to look better.

 

[Ferret]

I'll take a punt on this for the May comp.

Nothing to indicate that it is about to jump higher, but 12.5c is looking like a floor at this time.

 

[Knobby22]

11c now.
10c would not surprise.
I liked the change of focus in the business update and the new CEO seems to be getting things together.
Still don't own.

 

[farmerge]

@Knobby22 A massive drop from the heady days of a few years ago.
That's when I was a trader and believer in this mob.
Would have to really get their act together now for me to be an active participant again.

 

[Knobby22]

@Knobby22 A massive drop from the heady days of a few years ago.
That's when I was a trader and believer in this mob.
Would have to really get their act together now for me to be an active participant again.

There always comes a point where the price drops enough to become good value.

 

[farmerge]

There always comes a point where the price drops enough to become good value.

@Knobby Will be looking and pondering over the next few days, if it is worth having a dabble once again.

 

[Knobby22]

@Knobby Will be looking and pondering over the next few days, if it is worth having a dabble once again.

@farmerge The tax loss selling peaks in June so might see it drop some more.
I am still thinking about whether it's worth owning.

 

[Knobby22]

Now below 9c. I would like to think it is tax loss selling and the price will start rising in July.
Still don't own.

 

[debtfree]

Chart update ...... Not looking good lately.

 

[Knobby22]

Chart update ...... Not looking good lately.

View attachment 179412

Every year I pick a company I don't own as the volatile stock to help me win the yearly comp and invariably it let's me down. SPL has been really disappointing. Should have gone MSB.

It seems to have settled a bit at the present level but who knows.

 

[farmerge]

Every year I pick a company I don't own as the volatile stock to help me win the yearly comp and invariably it let's me down. SPL has been really disappointing. Should have gone MSB.

It seems to have settled a bit at the present level but who knows.

Promised so much but delivered so very little.
Still suffering from burnt fingers with SPL

 

[Knobby22]

The results show lower costs, resulting in a smaller loss but a shrinking cash pile. They need a win otherwise I estimate they will be out of cash in 3 years.

 

[mullokintyre]

The results show lower costs, resulting in a smaller loss but a shrinking cash pile. They need a win otherwise I estimate they will be out of cash in 3 years.

Well, courtesy of the Fed governments Tax R&D incentives, it has got a $5.5mill gift from Taxpayers.
That should help a bit.
Mick

 

[Knobby22]

Well, courtesy of the Fed governments Tax R&D incentives, it has got a $5.5mill gift from Taxpayers.
That should help a bit.
Mick

View attachment 184120

Seems to have stabilised the share price. I think everyone interested is waiting to see what the new CEO does. Plenty of commentary in their latest report that they have a good future and understand the importance of making money.