I'm not even going to hazard a guess, she could run hard this week.
Look at the depth for goodness sake, 8.3 million sellers to 30 cents!
It's really only going to be traders selling into this with the BNYM backing the truck up soon.
Lets think about that for a second, the BNYM needs to have shares to turn into ADR's on the Nasdaq, very very soon.
Currently they can access 2.77million IN TOTAL on the ASX.
I would strongly suggest they are going to have to pay a considerable premium to meet their requirements ( unless they are already buying)
Then of course we have the great unknown....the demand from the US biotechnology investment community.
Other factors include Dubai sales and possibly some interim data re the IIb trials.
Serious moolah to be made here in coming weeks :)
price predictions, page-6
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 297652 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 7500 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |