I suppose that's relevant if you're a trader. Those are the sorts of things that can influence the short term price movements.
If you're an investor, I believe the long term share price and the value of the company will be dictated by the success of the product.
That's why I think it was worth asking questions around the rigourous-ness of the FDA clearance process. And to be honest I'm still left with questions after a few hours of research. Such as, what is the absolute effectiveness standard required to obtain FDA clearance? I note the FDA evaluates effectiveness before granting clearance through the 510k process - but does so on the basis that it's as effective as a similar device. If the comparison device is only so-so effective, could you still pass the effectiveness requirement quite easily, without your device being very effective? Is that a possible scenario?
Anyway, I think there's probably a lot more to research here to get a truly informed picture. More than I can justify spending time on as someone who's merely curious about the stock, and not a holder. Maybe these are some avenues serious LDX holders can investigate.
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.58M |
Open | High | Low | Value | Volume |
4.9¢ | 5.1¢ | 4.9¢ | $149.4K | 3.001M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 387770 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.0¢ | 819999 | 3 |
View Market Depth
No. | Vol. | Price($) |
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4 | 387770 | 0.048 |
3 | 223001 | 0.047 |
1 | 20001 | 0.046 |
1 | 22243 | 0.045 |
2 | 249272 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 819999 | 3 |
0.051 | 199754 | 1 |
0.052 | 50000 | 1 |
0.053 | 199701 | 2 |
0.054 | 20000 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.0¢ |
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Change
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Open | High | Low | Volume | ||
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Last updated 15.27pm 03/05/2024 ? |
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