CUV 0.52% $15.28 clinuvel pharmaceuticals limited

Shorts at 6%, page-3

  1. 706 Posts.
    lightbulb Created with Sketch. 173
    I just can't see how the share price wouldn't spike on approval, particularly with the short squeeze as a result.

    I suspect shorters are there more to profit from rejection, than hoping that approval won't lead to a price rise. If CUV get access to the US market then the current share price will look pretty cheap in a year or so once they hit full stride (probably less than that, given they'll be ready to pull the sales trigger immediately, and will likely have plenty of doctors/patients who are already aware of the product).
 
watchlist Created with Sketch. Add CUV (ASX) to my watchlist
(20min delay)
Last
$15.28
Change
-0.080(0.52%)
Mkt cap ! $762.4M
Open High Low Value Volume
$15.30 $15.55 $15.13 $313.4K 20.52K

Buyers (Bids)

No. Vol. Price($)
5 27 $15.27
 

Sellers (Offers)

Price($) Vol. No.
$15.28 6 1
View Market Depth
Last trade - 12.03pm 18/07/2024 (20 minute delay) ?
CUV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.