I worry there may be some unfair hype and expectation on the...

  1. 49 Posts.
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    I worry there may be some unfair hype and expectation on the upcoming announcement — to the point where even decent news, or good news that includes mention of the next PL or further refinement (which, let’s be honest, is highly likely to accompany any positive update), could end up underappreciated, purely because the recent history of this stock isn't properly understood.

    It's worth remembering the SP held between 8–12c for around 18 months recently — based on a far less advanced tech position and a much weaker cash position than where things stand today before this next announcement. The recent dip under 8-12c wasn’t driven by bad tech news, but by a poorly communicated and misunderstood update — which also included a cap raise (a very successful one, by the way).
    With the current tech state and cash runway, even a semi-decent update should be enough to re-rate well above those prior levels — especially considering the progress made since.
    As for the upside on anything better than semi-decent news — good luck guessing the potential limit. But in either positive scenario, my take is that it won’t be your typical spike-and-fade over 2–3 days.

    I think we could see multiple strong moves once the big institutional investors have taken their time to digest and gain their internal approvals to go after it, with a peak that plays out over a 3-4 weeks.

    Not financial advice — just my view. DYOR.
 
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6.3¢
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Mkt cap ! $129.8M
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