I think I can say the share price will dramatically move in two scenarios in a month.
1. Massively upward IF the FDA approves the application. Not only doe this validate VP-001 but I'm pretty certain VP-002 et al have been developed in the same way so if one passes the others have a great chance also. This will give massive validity to the platform and I am trying to be positive to say that I am sure Rowan and the team have left no stone unturned (passed it by ex FDA consultants?) to make sure this thing gets through. Like Travelbug I can then see 20c but maybe massively more as the big boys and investors see real validated opportunities.
2. Scenario 2 doesn't even bear thinking about. if it fails the stock would get crushed, really crushed like a few years ago. I really hope this doesn't happen.
Am I on the right path here?
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$1.24 |
Change
-0.035(2.75%) |
Mkt cap ! $723.2M |
Open | High | Low | Value | Volume |
$1.27 | $1.27 | $1.22 | $162.1K | 130.3K |
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No. | Vol. | Price($) |
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2 | 3818 | $1.22 |
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Price($) | Vol. | No. |
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$1.24 | 956 | 1 |
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No. | Vol. | Price($) |
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2 | 3818 | 1.220 |
1 | 850 | 1.200 |
1 | 30000 | 1.195 |
1 | 10000 | 1.190 |
1 | 17583 | 1.185 |
Price($) | Vol. | No. |
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1.240 | 956 | 1 |
1.280 | 4115 | 1 |
1.290 | 7500 | 1 |
1.300 | 8200 | 2 |
1.310 | 7427 | 1 |
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