Thinking same all afternoon. Market has completely focused on CR repricing stock.
Could be base case here. Equally nothing to disprove a results and sale combo.
I suppose we'll know if we dont see action to raise in coming weeks given cash position.
I honed in on the reiterated comment re 'just tidying up data' line. Also Footmax' s comment earlier suggesting they probably have unreleased results for COVID.
Acknowledge, I probably see what I'm interested to see (because Im not bothered to be here otherwise), but I firmly believe they've got a least a good understanding of what outcome they're expecting. Negotiations are good cover, filing for 6 months isn't bad either...
Google says about $20m avg to go ph3 alone Foomax. Call it 30m maybe ? To your poiint it also says it can blow out.
Ongoing development work forecast in CF is interesting. Could be meaningless, could be telling.
Still left with trust or not.
Thinking same all afternoon. Market has completely focused on CR...
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Last
5.6¢ |
Change
0.002(3.70%) |
Mkt cap ! $50.52M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.2¢ | $51.10K | 945.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4281 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 625000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.002 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.6¢ | 5.2¢ | 183067 | ||
| Last updated 15.53pm 06/05/2024 ? | |||||
| BIT (ASX) Chart |