Hi ablm
Until SUD has a steady stream of +ve news it will continue to be the plaything of the day traders. The rise earlier this week that coincided with the TGA announcement was fortuitous timing that ensured (I assume) the CR was fully subscribed with the options being briefly in the money. I find this to be very positive as obviously there are many, many SUD watchers out there who are eager to buy on +ve news, if only to make a quick dollar or two. The hard thing the Board needs to do is start to get a stream of good news flowing but more importantly get the royalty cash flow moving. Should that happen then the rapid peaks and throughs will iron out into a beautiful covid curve....I wish.
kippax
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