This makes me happy for all involved! In my mind, shareholder's investment in this company has been greatly de-risked over the past 2 weeks and I'm feeling more at ease seeing those approvals actually come through.
It's not surprising though to see the reaction to RCEL share price today but that'll change once the revenue growth picks up and expenses level out. I'm really looking forward to hearing the FY24 revenue guidance in February.
SP if both FDA approvals go through, page-182
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$3.56 |
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