You know as much as anybody DSJ, none of us has a crystal ball.
It depends on the outcome of the ACMC meeting in the first week of August. If approval is given yes the SP should rise on that news and continue to rise as results near.
However, if there are more delays then obviously it won't rise. You have to make the choice to either be patient and believe your patience will be rewarded (my thoughts) or move on.
The percentage of approvals by the ACMC is very high around 95% i believe, the resource that MDX is targeting appears to be very large and of good quality, MDX is very tightly held. I have made my decision to hold and accumulate on weakness based on these factors.
Having said that be aware that anything can happen and you need to make a decision you feel comfortable with.
how much patience is too much, page-6
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $90.14M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 100000 | 1 |
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| Last trade - 16.12pm 03/10/2024 (20 minute delay) ? |
| MDX (ASX) Chart |
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