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Good Afternoon and welcome to HotCopper Highlights wrapping up Week 41 of the year, I’m Jon Davidson. In this segment the top stocks most watched and most discussed by you, HotCopper users, let’s get straight into it starting with the most viewed.
Findi, a fintech that’s ultimately rolling out ATMs in parts of India where there aren’t any, has had a very uniquely HotCopper experience this week after a user claiming to be a former member of staff, apparently drunk, took to the forums of this very website to allege the company is up to no good; Findi’s legal team will be getting involved. Just another day at the office.
PainChek, meanwhile, a company developing an app that’s ultimately used in aged care homes, this week gathered a lot of attention when it shot up on no news one day before revealing its app has been approved by the FDA for use in the States; now that’s in the bag, the company needs to get about actually selling it.
Finally, Mesoblast back in favour with HotCopper’s daily users as that stock appears to be heading back to former darling status now that its stem cell drug Ryoncil appears to be gathering momentum in the USA when it comes to sales.
And what about the most discussed stocks?
Race Oncology has been generating a lot of chatter this week after the stock hit an all time high after revealing its figured out the mechanism of action behind its flagship drug Bisantrene, that matters because the company believes it effectively has a chemo drug without the side effects, and now they can presumably further optimise that drug.
Elsewhere, Trigg Minerals remains of interest as the company continues sniffing around the US critical metals market; on Friday the company revealed it continues to assess options for listing on the NASDAQ, including a potential SPAC listing which can be controversial, but for now, it’s pretty much just thinking about it.
And fintech Stakk remains popular with users after striking a deal with Robinhood in recent history and then inking another deal with US teclo giant T-Mobile. Both of those announcements came ahead of a $15M placement currently being digested by holders and skeptics alike.
That’s HotCopper Highlights for this week, I’m Jon Davidson, have a great weekend and we’ll see you on Monday.
