Well, you see here even long term holders talking about taking profits because the price has gone up 3 fold in recent times. That's a reasonable reason for some types of investors/traders to take profits based on their portfolio allocations or trading style. Once those are finished (which it appears close) then the price will go on to reflect a risk-based DCF valuation based on a aGVHD approval. Right now, imo, there is there is too much discounting for a 3rd CRL.
Well, you see here even long term holders talking about taking...
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Last
98.0¢ |
Change
0.010(1.03%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | 99.0¢ | 95.5¢ | $5.286M | 5.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 91218 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 63577 | 4 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |