I suppose that's relevant if you're a trader. Those are the sorts of things that can influence the short term price movements.
If you're an investor, I believe the long term share price and the value of the company will be dictated by the success of the product.
That's why I think it was worth asking questions around the rigourous-ness of the FDA clearance process. And to be honest I'm still left with questions after a few hours of research. Such as, what is the absolute effectiveness standard required to obtain FDA clearance? I note the FDA evaluates effectiveness before granting clearance through the 510k process - but does so on the basis that it's as effective as a similar device. If the comparison device is only so-so effective, could you still pass the effectiveness requirement quite easily, without your device being very effective? Is that a possible scenario?
Anyway, I think there's probably a lot more to research here to get a truly informed picture. More than I can justify spending time on as someone who's merely curious about the stock, and not a holder. Maybe these are some avenues serious LDX holders can investigate.
- Forums
- ASX - By Stock
- LDX
- Ann: Lumos Receives US FDA Clearance for FebriDx
Ann: Lumos Receives US FDA Clearance for FebriDx, page-400
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LDX (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.55M |
Open | High | Low | Value | Volume |
4.4¢ | 4.5¢ | 4.3¢ | $56.10K | 1.254M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 419113 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 0.044 |
2 | 210000 | 0.043 |
3 | 99993 | 0.042 |
3 | 230000 | 0.041 |
6 | 2725510 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 419113 | 1 |
0.048 | 207129 | 3 |
0.049 | 351673 | 3 |
0.050 | 960268 | 5 |
0.052 | 11000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
LDX (ASX) Chart |