Wise thinking from two longterm holders above.
Bio tech has never been a sprint, always an endurance test. Getting long overdue recognition with the mc increase in past couple of weeks is nice but it is still early days. MC under $500 million is nothing.
Really does sum up the mentality of the asx market, looking for a catalyst to be announced at the agm, whilst there is already an abundance of information in the public domain that warrants a 20c + sp.
ph 1 results, earlier idmc go ahead, a stunning pipeline to knock the sox off other juniors valued 3 times higher. Peers valued 10x higher with old hat tech.
i doubt the move from 7 to 11c was retail investors switching on,
it had all out the fingerprints of the instos getting themselves set, knowing its a bargain, this month, next month, next year. They certainly wont be giving back freebies next week.
13c should be tested with a minimum of fuss. 9c already a good base after seeing Friday's price action and strong demand toward the finish of trade with unsatisfied buyers still paying up.
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Last
4.9¢ |
Change
-0.001(1.02%) |
Mkt cap ! $364.4M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $98.32K | 2.012M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 1955779 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 756074 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 1994864 | 0.048 |
43 | 4387531 | 0.047 |
56 | 4535839 | 0.046 |
57 | 6161161 | 0.045 |
19 | 3003966 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 2052959 | 23 |
0.050 | 4439678 | 27 |
0.051 | 6215011 | 15 |
0.052 | 1534519 | 12 |
0.053 | 1106781 | 10 |
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