I assume it’s profit-taking. This company isn’t the only one with FDA approval, and they will need to start securing deals and commercializing their product soon to bolster investor confidence. The company has the potential to significantly grow its market cap if it can capture even a small percentage of the market share. So IMO it’s worth holding providing they continue to remain aggressive and competitive.
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $141.9M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 22.0¢ | $395.1K | 1.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 518757 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 122492 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| EIQ (ASX) Chart |