The quality is definitely here, this would have to be one of the highest quality companies on the ASX, if not the highest quality company under a market capitalisation of $1 billion. Hopefully within the next few months we begin to smell that sweet sweet smell of shorters being burnt. I suspect there are several catalysts lined up in the lead up to the AGM, they are due for a launch of the M lines (the company-making risk free and naturally protective tanning products), so I assume the announcement of that is their strategy for getting the share price back to the all time highs prior to the AGM, and hopefully saving themselves from a second strike (although I know I will require quite a bit from them if I am to vote yes to all items in the AGM). Add in an aggressive buy back for added effect. Perhaps something from the Vitiligo trial as well, Scenesse is fast acting so they could potentially provide a preliminary read out (though I wouldn't be expecting this).
Not long till August results arrive though, I suspect after those are released things should get more excited (no more blackout period - they better get aggressive with that buyback!)
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Last
$14.18 |
Change
0.130(0.93%) |
Mkt cap ! $710.1M |
Open | High | Low | Value | Volume |
$14.07 | $14.30 | $14.06 | $749.7K | 52.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 161 | $14.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.30 | 1552 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 161 | 14.160 |
1 | 161 | 14.130 |
2 | 161 | 14.110 |
1 | 161 | 14.080 |
3 | 1070 | 14.040 |
Price($) | Vol. | No. |
---|---|---|
14.300 | 1552 | 2 |
14.310 | 161 | 1 |
14.340 | 161 | 1 |
14.370 | 161 | 1 |
14.390 | 161 | 1 |
Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
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