Schneed, IMO, today's announcement wasnt really market sensitive by nature, more of a notification.
I reckon this volitile trading will remain persistent until big news hits. Recent gains are off the back of anticipated big news. I guess whilst today's announcement wasn't negative it certainly wasn't selling outstanding trial results or interest from big pharma.
I think buyers at the moment are thinking $4.00 is as much as I will pay until we get more definative news. But of course, in the meantime, I reckon traders are having a field day. This might represent a buying opportunity if the reaction is over the top.
Best of luck to all investors
PAR -v- CUV, page-101
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $108.4M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 29.5¢ | $98.05K | 323.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29159 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 4999 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PAR (ASX) Chart |