Market is forward looking…
In theory, CYC FDA approval opened the US market to them.
I would say many new investors have a taken a short term position for a quick gain upon approval.
Of course if Sofdra sales are strong in the US, then the share price will rise accordingly. What I mean to say is I can’t picture a massive SP jump on approval.
DXB is a bit different in that the licensing announcement came suddenly, which resulted in a massive jump on the day as investors scrambled to get in…
Just my thoughts, no offence, could be wrong etc
Market is forward looking…In theory, CYC FDA approval opened the...
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38.0¢ |
Change
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Mkt cap ! $687.8M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 36.0¢ | $2.725M | 7.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 70075 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 422900 | 17 |
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