The veterinary supplies outfit returns for the first time since early 2022 to nail down 1,240 days consecutively in the astounding, unbelievable, miraculously synchronistic run [paired with a fresh combined tally record of 1,308 points] thanks to a partial sale into unusual robustness, due to the surprise Friday announcement of a $15 million contract awarded. However, after quickly calculating the jump in market cap after the first few minutes of the market open, I figured the $22 million increase rendered the rise overdone & thus I pared my stake bought at 61.5c in late June for 69.5c, 69c & finally 70.5c later in the morning.
The sale proved prescient on hindsight since the price slid with a whimper down to 65.5c by the close, up just 4c compared to a 12c intraday rise at its highest. Thus, the combined score attains an all-time high while I eagerly await the 5-full-year mark to be attained tomorrow with 3 tepid Japanese paper profits, 3 S'porean ones, 1 in Hong Kong & about 3-4 locally left to hold the fort!
I almost committed a big boo-boo by queueing to buy the out-of-the-$ warrants at 8c after spotting a big block of over 150,000 shares queueing at the limit-up price of 91.5c pre-market, figuring that my cost would be only 80c after conversion if the price actually opened that high. As often happens, the big block was withdrawn less than 30 seconds before 9am as were the small buy orders ranging from 80c - 85c & it opened at just 65c, keeping the warrants out the the money at ANY price! Somehow, there were still aggressive buyers of the warrants from 6-8c throughout the day....I hope they know what they're doing!
