You are so, so right, mate.
The current trend seems to be: spike immediately after the news, then dribble back down as folks head for the exits.
These sellers are probably unaware of the far-reaching implications of this unique and life-changing technology.
Life-changing for those needing the medical advances that this tech can and does deliver, as well as life-changing for investors savvy enough to understand what the technology brings to the table.
Brokers still consider this a speccy stock and therefore do not recommend it to their clients; I guess this is the nature of medical stocks, especially in Australia, where a few holes in the ground accompanied by an anal-yst report is able to attract busloads of investors, even though the "product" from the said "holes" are many years away from seeing the light of day.
Simply amazing and ridiculous ..... but then, who am I to pass judgement on folk who know better, or who are supposed to, anyways!
You are so, so right, mate.The current trend seems to be: spike...
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Last
57.0¢ |
Change
-0.005(0.87%) |
Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 61.0¢ | 56.5¢ | $464.7K | 791.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 28315 | 1 |
View Market Depth
| Last trade - 15.59pm 07/05/2024 (20 minute delay) ? |
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Last
57.0¢ |
Change
-0.005 ( 0.87 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 60.8¢ | 56.5¢ | 190883 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| 4DX (ASX) Chart |