I agree, I think many punters were of the view that for whatever reason the price would remain below 20c till FDA approval. This completely ignores the fundamentals and simply basis the fair value on a silly psychological price point. A real investor would ignore the fact that 20c is a pretty rounded number and would focus on just how big of a market the US will be for us once approval is achieved. We're getting 100% of the revenue and profits and prices will be deliciously high (but reimbursed of course)
The rise through 20c should hopefully correct this incorrect view many punters have in relation to 20c, and will encourage them to buy on the basis of the fundamentals as opposed to a silly price point
- Forums
- ASX - By Stock
- Bot Chart
I agree, I think many punters were of the view that for whatever...
-
- There are more pages in this discussion • 714 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOT (ASX) to my watchlist
(20min delay)
|
|||||
Last
28.0¢ |
Change
-0.005(1.75%) |
Mkt cap ! $448.9M |
Open | High | Low | Value | Volume |
28.5¢ | 30.8¢ | 27.8¢ | $2.808M | 9.589M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2857 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 77213 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2857 | 0.280 |
12 | 1099102 | 0.275 |
17 | 1181666 | 0.270 |
8 | 673922 | 0.265 |
19 | 756859 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 77213 | 2 |
0.290 | 61615 | 3 |
0.295 | 222589 | 3 |
0.300 | 658751 | 14 |
0.305 | 201317 | 4 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
28.3¢ |
  |
Change
-0.005 ( 2.72 %) |
|||
Open | High | Low | Volume | ||
29.0¢ | 30.5¢ | 27.8¢ | 3452172 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
BOT (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online