Yes it was a good run up from $1.30 but in my mind overshot reasonable value. now more realistic level as I consider the announcement will not be for another month or so. Market got over enthusiastic as usual. The CEO saying that the announcement will be around May from memory with first sales as early as June.
My back of the envelope projections says that the co. has now paid off its $3.0m debt and I also believe that approval is fairly certain. Latest sales have really lifted and support the current increased share price imo. With less that 30m shares being traded,the shareprice will continue to be lumpy.
One more point, most have chosen to hold rather than trade. I will buy more if it goes below $2.00
MVP Price at posting:
$2.17 Sentiment: None Disclosure: Held
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