EYE 0.00% 23.5¢ nova eye medical limited

Ann: Trading Halt, page-32

  1. 626 Posts.
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    It’s actually quite reasonable that we could get a partnership announcement this week. As much as I hate to use MSB as an example, they scored their big deal with Novartis back in 2020 4 days before their AGM. Maybe it was just a coincidence with the timing, but it would make sense that a company would aim to have a deal announced before an AGM. Looking at previous announcements they were also similarly quiet about the partnership leading up to it, they said they were in discussions (like Nova Eye) but that was about it. At such a low market capitalisation it wouldn’t take a very large deal at all to cause the price to rerate significantly higher than the current price, so imagine what a large deal would do to the price!
 
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