Hard to say. But honestly the SP feels a bit depressed already anyway. Soon to be $30 mil in cash on hand (no debt), a MC of about $90-100 mil, and sitting at about 33% of the takeover offer from last year.
A phase 3 trial commenced recruiting and multiple other trials in the pipeline.
With that said could see this one hanging around the 70c mark for a while.
Ann: Letter to Optionholders, page-84
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $40.68M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $32.84K | 146.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6640 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 16723 | 1 |
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| Last trade - 14.56pm 19/11/2024 (20 minute delay) ? |
| CYP (ASX) Chart |