Some great comments here! To think just under a year ago the share price was 30ish cents and had a meteoric rise to $2.16!
Yes the correction has been sharper than I thought, I was predicting us to stay between $1.60-2.00 over the rest of the year, $160m MC seemed fair for where we are in the process.
Looking forward to quarterly results, what the cash burn has been and developments on sales/marketing. If they share any prescriptions/sales numbers from the TGA authorised prescribers scheme and hopefully a clearer outlook on FDA meetings, when they’re booked etc.
If the news is positive and well received we could see us back to all time highs again, just this time some would have accumulated a lot more shares!
DYOR, goodnight
LTP Price at posting:
$1.23 Sentiment: Buy Disclosure: Held
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