Absolutely. I should have added that given the low volume the stock will continue to be vulnerable to manipulation, and there could be a volatile period ahead.
My sentiment is "buy" but I wish there was an option for "longterm buy" because that's far more accurate. I enjoy checking in everyday (especially on a day like this) but I'm looking a year or two ahead.
Obviously a takeover offer would change everything. There's no rush for a big pharma to make an offer, they don't have to be the first, they just have to be the highest. If it's as derisked as many believe, then a number of companies will be running the numbers.
I always figured an offer would come after steady income from the US, but maybe that's just wishful thinking.
Still Undervalued, page-3
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Last
$13.90 |
Change
-0.200(1.42%) |
Mkt cap ! $695.8M | |||
| Open | High | Low | Value | Volume |
| $14.08 | $14.12 | $13.86 | $1.006M | 72.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 210 | $13.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.94 | 576 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CUV (ASX) Chart |