A takeover could drive the stock higher before FDA approval.
Not to mention all that cash still sitting on the sidelines coming into the market in early January.
There. There's a couple of points.
For me, the ASX and All Ords went low risk on Christmas eve so I can see a lot of capital coming into the market in the next couple of weeks. Plus Orbis has just outed itself as the big seller of late, probably getting some cash to diversify.
If you have doubts then sell now.
Certainly I will be buying if the price dips further from here.
Beers
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