The good CEO’s (or in this case exec chair) are 3 steps ahead of what we all think strategically. I’m hoping LR is one of these operators. In my uneducated opinion, I think the FDA and TGA process should run concurrently. I would think TGA registration might be quicker given special access scheme has already been granted. It would be great to see revenue grow in Aus while the FDA process happens. I’m also hoping the company has an idea (thru their partnership) of what is required by FDA and are working flat out to have as much ready as possible for the first meeting with FDA. The good operators will then surprise the market with news above what the market expects. Trust can be lost when operators don’t hit targets that have already been communicated. Management will be judged closely over this next short term.
LTP Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)