Just to show an example of what might happen if we have positive results. I just came across this trading update on CPH from next Biotech. I found this inspiring and encouraging:
"
It's time we updated you on Creso Pharma (ASX: CPH), a medical cannabis stock that has performed well for us in recent months.We took a new position in CPH at around 3c in early October 2020, and we wrote about the stock again in early December when it was trading at around 8c.After that, we were as surprised as anyone to see CPH rocket up as high as it did, so quickly.In the space of a few days it shot all the way up to 47c - over 1,400% - on 9th December. On that day, $100M worth of shares exchanged hands.It has been a wild ride so far, but by the looks of things, the CPH share price seems to have stabilised somewhat in the mid 20s now"
Good luck !
Sam
Announcement date and opening price, page-180
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Last
34.0¢ |
Change
0.020(6.25%) |
Mkt cap ! $615.4M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 34.0¢ | 32.0¢ | $1.776M | 5.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 118187 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 698385 | 8 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BOT (ASX) Chart |