Don't worry about FDA. Currently that's just a pipe dream. We...

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kenjikool

10,881 Posts.

2008

23/04/24

10:25

Post #: 73471126
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Originally posted by MZhou: ↑

It does suck, but the tech is still cutting edge. Which other company has a sperm separation process as quick and effective as MEM? The hurdles and challenges MEM is going through will be similar to any other company with a similar market disrupting tech. And there has been multiple good news stories. The biggest issue with MEM's share price, and perhaps to some degree MEM, is the wait for completion of the TGA study. Thinking from a stockbroker or big investor's perspective, the TGA approval would be the biggest risk to the success of the company, which we all know they will get approval, they just need to complete the dam study. Good idea to cut loses, but also keep an eye out for when the study completion is imminent. Im predicting a big price hike, which will also finally take into account the commercialisation progress MEM has already achieved, once the study is completed and when TGA approval is granted. The Chinese and India markets hinge on TGA approval. Not sure about USA though? Just realised there hasnt been much news on the FDA progress.

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Don't worry about FDA. Currently that's just a pipe dream. We need TGA. Open 2 of the biggest markets in the world. I would have paid couple contemplating IVF 10% of their fees if they came on board. We could have had this done in 3 months. Should have tapped old mate Peters on the shoulder and said, how about it sponsor the trial for X amount of options at 5c. Would have made him millions by now. But alas, I can inly have the good ideas and tell them how to do their job, can't do it for them

MEM Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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