Good observation alptrade. The share price does reflect what people are prepared to pay at the moment;)
I think the recent pump prior to the announcement is a good indicator of what can happen to this stock in a very short timeframe. Lets face it, anyone who has any idea about this stock knew that the announcement was comming. But it was still pumped in anticipation. I think we will see a significant rise in the lead up to the safety data release and remainder of phase 2b data in the coming months. How significant, I'm not so sure. But I would love to see a positive market response post-announcement rather than a negative one.
All the best to those with any interest
share price , page-5
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Last
35.5¢ |
Change
0.060(20.3%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 33.5¢ | $6.427M | 18.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 133736 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |