What you are saying is not unreasonable. However, the very strong potential for this to progress quickly to production and sales speaks against it. The chances of a big player putting in a takeover bid should also keep the buying interest strong.
But then again, I thought it would consolidate over $1, so I have already been wrong in that one LOL.
Ann: SPONTAN achieves positive clinical study results, page-94
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Last
80.5¢ |
Change
0.015(1.90%) |
Mkt cap ! $57.02M | |||
| Open | High | Low | Value | Volume |
| 80.8¢ | 81.0¢ | 76.0¢ | $141.1K | 178.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1945 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 7250 | 2 |
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| Last trade - 13.51pm 17/07/2024 (20 minute delay) ? |
| LTP (ASX) Chart |