Well hopefully that comes soon as well! However I kind of ignore the chart for when this was Ellex Medical. Quite a different company we have here, so I'm more referring to around 40c as the high.
Whilst saying that, $1.50 wouldn't be too surprising to see in the not too distant future, especially if the growth rate continues to accelerate and the company moves closer and closer to profitability. As I was positing in the discussion thread, recent M&A of arguably inferior devices with fewer procedures performed indicates that $1.50 might even be a bit on the cheaper side ;)
Happy for 40c in the shorter term though, however I have much bigger expectations for this stock in the longer run once the market has had a chance to wake up! Lots going for it that's for sure.
Nova Eye Medical (EYE) Chart Thread, page-166
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23.5¢ |
Change
0.025(11.9%) |
Mkt cap ! $53.82M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.5¢ | $94.36K | 411.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45769 | 22.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 73449 | 2 |
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