You have just answered why stocks in this sector are so 'overpriced'. You will see this over priced in the $4-$5 range because of that' very reason....
people will keep saying "this still has to so trials" "they 'll need to raise money" and so on, however the price will keep rising as big company's take a position, investors take a position and the share price is forced to a place where it is out of takeover target territory! GTG is an example of the numbers a stock can get to to potentially stay out of takeover target territory! This is why I stay in this! And will be here till takeover or the $4 + range! I feel that is 2-3 months away
The questions that need to be asked! What is this worth if all trials are 100% successful?? Has
Anyone else got this technology?? Is it patented?? Does this change the game in the stem cell world??
Bidding war?, page-2
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $43.11M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.5¢ | $14.74K | 61.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 96221 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 24.0¢ | 23.5¢ | 6875 | ||
| Last updated 10.47am 03/05/2024 ? | |||||
| CYP (ASX) Chart |