The current trading price of LDX is about 30% higher today than it was 2 months ago..
The stock is in a short term rally, and during that rally, a well known investment company owned by a well resourced billionaire just bought a massive chunk of LDX (Andrew Forrest and his Investment Company).
IMO, LDX have a clear plan to execute in the near to medium term, as i highlighted in recent posts, and that plan seems well thought out and very achievable.
That is all positive IMO.
It would be fair to say that Andrew Forrest's Investment Company (AFIC) had a pretty good discussion with LDX management/directors before they decided to invest. AFIC were also potentially told about more in depth information about the likely success of the PLA reimbursement results and the CLIA waiver results, and AFIC decided to invest after those discussions.
That's quite a vote of confidence from an investment company with "inside access" IMO.
LDX Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
