am in the same boat as other LT holders here.. tough to watch it slide but when this happens I look at the reasons I got in the first place;
1. It's in (unfortunately for the sufferers) a lucrative space of early cancer detection.
2. Unlike many junior biotechs, this one has already proved its commercial know-how with ovarian cancer.
3.it's partnered with a top German company.
seems the main reason for this dip is 'no news' and the herd running and spooking others so the dip gathers momentum
Sure, would be nice to have regular announcements but more important is that they're actually getting on with the job.
IMO next announcement will see it bounce plus it has many stable LT holders who are happy to sit and wait for the inevitable good news.
Patience will be rewarded while bailing out now just lets others snatch your bargain.
Chart Thread, page-1455
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Last
59.5¢ |
Change
0.035(6.25%) |
Mkt cap ! $65.61M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 59.5¢ | 56.0¢ | $20.62K | 36.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 446 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 30002 | 3 |
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| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |