Just mentioned this in another thread.
The risk with trying to trade this (assuming approval) is that timing may not be easy.
If it's an unconditional approval from FDA, it could just keep running. Yes, there will always be retracing but short term on this, they may only be very small.
I guess it will come down to someone's entry price and/or the size of parcel looking to trade.
I'd be worried about doing the trade, then looking for the buy back in only to watch it fly up and well above the trade price that was made. It may be a safer play to hold and see if its a big yes from FDA.
Sell or HOLD, page-7
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Last
94.0¢ |
Change
-0.020(2.08%) |
Mkt cap ! $1.073B | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 97.0¢ | 93.5¢ | $1.424M | 1.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 29390 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 14089 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |