Personally, think the $OCC announcement was solid but it was only tested in 12 patients. It will continue to move because $60M MC is undervalued IMO for what they are sitting on.
$BOT has a Ph2 announcement with a significantly larger cohort. Results will ultimately underpin a lot of their other products in development. If it's good, I can assume it will move more than $OCC.
However, in both cases, there will be selling on news and seeing funds took up a $40M placement in $BOT you may see a churn that will inevitably inhibit its SP growth. But time will tell....
You're right to some degree, but I don't think it will trade like $OCC (assuming it's positive Ph2 results).
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Personally, think the $OCC announcement was solid but it was...
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $606.3M |
Open | High | Low | Value | Volume |
34.0¢ | 34.0¢ | 33.0¢ | $556.1K | 1.667M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 673181 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 924902 | 0.325 |
19 | 1027875 | 0.320 |
13 | 877457 | 0.315 |
13 | 932467 | 0.310 |
18 | 869737 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 7112 | 3 |
0.335 | 651285 | 7 |
0.340 | 642328 | 10 |
0.345 | 382973 | 8 |
0.350 | 332050 | 10 |
Last trade - 11.34am 08/07/2024 (20 minute delay) ? |
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