ASIC wouldn’t allow it to trade if that was the case. It’s been over 6 months and they haven’t done a thing. The announcement didn’t mask anything. It’s what we knew all along, which is why the SP didn’t change. I think it will from next week though, if not towards the end of this week. By my rough estimate we should expect a TGA announcement by the middle of this month, so buy orders will pile up in anticipation and SP will follow with it in the lead up to the announcement. The most money is made by those that get on the bus early, and the biggest risk is carried by those that try to catch it when it’s bolting away. This is the price the company was sitting at before Covid, so even if they completely cut out the sanitiser business it wouldn’t make a material difference to SP, but it will if it succeeds.
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2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $6.412M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.3¢ | $20 | 863 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 1.9¢ |
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2.3¢ | 184832 | 1 |
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1 | 508000 | 0.008 |
1 | 100000 | 0.006 |
2 | 435000 | 0.005 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.023 | 184832 | 1 |
0.027 | 80000 | 1 |
0.028 | 49999 | 1 |
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