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).
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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. |
---|---|---|
$15.28 | 6 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 43 | 15.230 |
1 | 50 | 15.220 |
2 | 188 | 15.210 |
4 | 1531 | 15.200 |
3 | 205 | 15.190 |
Price($) | Vol. | No. |
---|---|---|
15.240 | 31 | 3 |
15.260 | 98 | 6 |
15.270 | 111 | 5 |
15.280 | 128 | 6 |
15.290 | 438 | 5 |
Last trade - 12.03pm 18/07/2024 (20 minute delay) ? |
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