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Ann: TGA registration of SARS-CoV-2 detection kit, page-65

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    @damocorp
    I use charts as signals. I do focus a lot on fundamental modelling. Having a few arrows in the quiver allows for more target striking, if that makes sense.

    I'd say that price catalyst which will be the quality of the news will dictate how much it may move.

    The breakout price is expected to be $2.20, then if I was to put a conservative price on it, with retraces factored in, I'd expect $2.40 -ish.

    What will make this move challenging is people will want out those that have doubled their money and are looking for some extra sauce only. It is quite psychological, but people make money, double their money and then their are those investors who top up large even after 100%, doubling, or more than doubling and compound their returns by astronomical fortunes as their cost base is significantly lower than other investors.

    Unlike most products, this product saves lab time and this is a tremendous advantage. Just supply the goods. Total addressable market (TAM) is also huge.

    Things are all pointing up for now.


    Last edited by sandy68: 12/05/20
 
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