I don't think it will take much to turn the SP around, should be just around the corner i reckon, i.e next week or two.
Firstly this stock is very undervalued. Secondly the SP can move on a dime - have a look at the action after CE mark approval, or at several other occasions in the past.
I think a bunch of gullible people were expecting money on tap and immediate profitability after CE mark approval, or at least were hopeful of this. Like any growing company, e.g Cochlear, it requires time. But the rewards will eventually be massive.
The declining SP was initially a result of people adjusting their unrealistic expectations, and then compounded by end of year tax sell off and SPP. And a lot of negative vibes from grumpy people on HC no doubt helped the decline. Result is a very undervalued stock.
So VCR is proof the markets are inefficient. At least that means the longer it deviates from its true value, the stronger the correction will eventually be (when VCR finally get some damn news out and show their cards!). ha ha ha
cheers
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