my opinion is the next 2 weeks are going to be very exciting
in the biox webcast it was stated that there could be a possible market of 33000 patients p.a & with that the ord minnett sept report estimated a possible profit of over 300m in 2017 (i always take these estimates with a grain of salt but @ least it gives a ball park figure)
the exciting thing of the next 2 weeks is that strong interim results gives a good footing that CVAC will be commercialised & these figures could be achieved. the next exciting thing is the ics data. if they show that cvac does attack the mucin1 related cells, this opens up CVAC to a chance to treat other cancers & in doing so increases the number of patients that CVAC can treat,& in doing so increases future profit targets, p/e ratios & potential sp predictions. i know that these predictions are many years away with many obstacles but as a famous person once said, every long journey starts with a single step & in the next fortnight prima could be taking some huge strides
my sp prediction for the coming week
we have resistance which we are experiencing now @ 20c, more to come @ 25c, 28c, mid 35c & clear sky after 42c. at the moment prr is trading in a uptrend channel & sitting toward the bottom of the channel @ 19.5c, so i can see us breaking thru 20c & attacking 25c early this week - this can all change very quickly on a release of the ics data
anyway forgive my sunday ramblings & good luck to us all this week & over the years to come!!!!!
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34.0¢ |
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Price($) | Vol. | No. |
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0.345 | 55452 | 4 |
0.350 | 98597 | 7 |
0.355 | 143919 | 6 |
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