Charts, dont forget,
with MYX having some 85% of the oral contraceptive market, E4 will cannibalize some of our existing sales.
MITHRA'S price action of late is a really good indicator of the future profits of this gamechanger.
Im not aware of the profit margins regarding E4,one would think they'd be a lot higher than a generic oral contraceptive.
And being a world first definitely has it's advantages,(even with patent protection for 20yrs)
With FDA approval and an effective launch campaign i can genuinely see a $1-$1.50 as a realistic price re-rate,also not
forgetting a re-inclusion into ASX200 at $1.00 and knocking on the door of minimum market cap for asx100 at $1.50.
if ALL the volume on thursday were short coverings,that still leaves at least 10mill that have to exit as of 4 days ago.
I cant wait for the market to re-open and watch them burn.Better still,an announcement of a trading halt,pending price sensitive announcement.
Even RICHARDS would have to admit its price sensitive.....hahahaha.
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Last
$3.83 |
Change
-0.200(4.96%) |
Mkt cap ! $325.8M |
Open | High | Low | Value | Volume |
$4.00 | $4.00 | $3.78 | $852.5K | 220.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1750 | $3.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.85 | 578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1750 | 3.800 |
2 | 692 | 3.790 |
3 | 3692 | 3.780 |
3 | 1250 | 3.770 |
4 | 5004 | 3.760 |
Price($) | Vol. | No. |
---|---|---|
3.850 | 578 | 1 |
3.860 | 578 | 1 |
3.870 | 750 | 2 |
3.880 | 750 | 2 |
3.890 | 4881 | 4 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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