I just can't see how the share price wouldn't spike on approval, particularly with the short squeeze as a result.
I suspect shorters are there more to profit from rejection, than hoping that approval won't lead to a price rise. If CUV get access to the US market then the current share price will look pretty cheap in a year or so once they hit full stride (probably less than that, given they'll be ready to pull the sales trigger immediately, and will likely have plenty of doctors/patients who are already aware of the product).
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Last
$15.26 |
Change
-0.100(0.65%) |
Mkt cap ! $769.1M |
Open | High | Low | Value | Volume |
$15.30 | $15.55 | $15.15 | $78.00K | 5.107K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 203 | $15.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.29 | 135 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1148 | 15.160 |
1 | 100 | 15.150 |
1 | 77 | 15.140 |
2 | 185 | 15.130 |
1 | 85 | 15.110 |
Price($) | Vol. | No. |
---|---|---|
15.210 | 24 | 6 |
15.220 | 50 | 1 |
15.230 | 85 | 1 |
15.250 | 192 | 3 |
15.270 | 85 | 1 |
Last trade - 10.17am 18/07/2024 (20 minute delay) ? |
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CUV (ASX) Chart |