There's a fair bit going on here and I really thought it was going to go off, on the last rise 23rd Nov, when it reached 0.047c. I thought that I missed the boat but low and behold, it dropped again. The entitlement offer 0.028c I thought was fair and didn't fully expect for it to reach it again, but it did, so where to know.
Obviously it depends on how they go with their CHM studies, but it looks really good so far.
This is one of my favourite comments so far
So, taking all that into account, were to know and what does the chart look like?
It appears we've hit the low and it's slowly climbing with a couple of really big daily rises recently, two in Oct and one in Nov.
It's interesting to note that the daily volume was the largest ever and an identical amount, around 57 mill.
Drawing some trendlines on the support and resistance, looks a bit crazy to be honest.
However, I feel that 0.047c seems to be the current resistance in one line and another is 0.034c, so close you can taste it.
The consensus is time, with moving from phase 1 to phase 2 etc. I'm a bit vague on the actual time lines to be honest, can someone enlighten me.
It shows in the below slide, that Regulatory Approval is 1-Yr away for commercialisation, which is confusing the way they've done the slide, some of the other items say 3-4 yrs and 3-5?
(20min delay)