I don't think current price fully reflected the significance of the announcement, the independent committees do not make this kind of recommendation lightly, it's not only made FDA approval almost certain, more importantly imho it indicated the superiority of Technegas to alternatives and rapid market expansion after the approval. Have a look at the CEO's take about the announcement:
https://www.finnewsnetwork.com.au/archives/finance_news_network286908.html
I don't think current price fully reflected the significance of...
Add CYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.59 |
Change
-0.015(0.94%) |
Mkt cap ! $176.1M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.70 | $1.56 | $47.46K | 29.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 427 | 2 |
View Market Depth
| Last trade - 13.31pm 17/10/2024 (20 minute delay) ? |
| CYC (ASX) Chart |