I personally think the actual time is irrelevant. Whether it’s 4 or 8 weeks who really cares. The main question is do you believe the company will get the approval? If so, well then whether it be 4 or 8 weeks the share price is most likely to be multiple times the current price if is approval is obtained.
Many are focusing on FDA approval which don’t get me wrong is important but I would rather be focusing on the potential commercial agreement for illumen which is due this month. That is the one that will be revenue earning and does not require FDA approval as it is the non regulated part of the business.
The share price a few weeks back ran to 1.7c. Now we are obviously closer to FDA one way or another yet the price has almost dropped by half. Go figure? Other than the last run was just a hyped pump and dump
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