$Virax Biolabs (VRAX.US)$ interest in counter has been muted...
$Virax Biolabs (VRAX.US)$ interest in counter has been muted and prices have been on wild swing due to opportunistic trade price. the trading pattern is has no basis and still waiting for progressive news to drive interest. shares has somewhat became illiquid leading to high sell side pressure (inclusive of shortist). 50% of daily trade volumes are from shorting. with 4m float and daily traded average volume of about 200k , for those who have lost close to 40-50% of value, advise to continue holding if you have the power to.
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Foureyesmen OP : To further add , I don’t think the new shareholders and new shareholders of the new placement will take current share price as a benchmark.