on approval announcement...
gap open 28c with big green candle up to 50c. next couple of days will show massive trading volumes and push sp to 1.00 plus. Will be volatile to say the least.
After that i think instos will come in and take strategic positions. Pharma funds etc... price should trend nicely up with accumulation by steady hands.
T/o offer price is hard to say but Matt and Co hold a big portion so they will ultimately set the price. I would expect nothing less than 3 Bil US which at current SOI gives a spp of approx 3.00 Aud. Near 20 bagger from here...
Sounds good to me.
Post-FDA decision price sweep, page-31
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Last
34.5¢ |
Change
-0.010(2.82%) |
Mkt cap ! $627.0M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.3¢ | 34.5¢ | $582.2K | 1.679M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32454 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 210000 | 3 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BOT (ASX) Chart |