That's what the chart is telling us, a SP of almost $3 by the end of the next year but that is based on SP movement trend since March 2020 until now.
Will the trend continue or progress faster or slower? I don't know.
There are going to be things that influence the SP such as:
- the expected time it takes for trials to be successfully completed and
- the time it takes to for the vaccines to be approved for public use and
- no failures, no delays in trials, no delays in approvals etc etc
- market sentiment
What significance the above have for the SP to reach $3, and the $ effect of each, I don't know.
There are many more years for this to play out to an even greater share price - all going well.
IMUGENE CHART. TA only, page-7225
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Last
4.6¢ |
Change
0.001(2.22%) |
Mkt cap ! $342.1M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $906.2K | 19.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9543864 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 1266571 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |