I'm expecting around 20c with FDA 510k clearance - and then a steady build up from there as management uses the FDA endorsement to their advantage -- not just in the US, but in markets throughout the world.
Not sure what the Mexican contract and FDA filing will do before that. Depends a lot on the wording of the announcements - size of pilot contracts, expected timelines for FDA asessment etc. An eastern europe announcement would be strongly positive. As would any news re regulatory approvals in China, other markets and progress with the Biosensia alliance.
Would not, however, be surprised to see the Mexican contract and FDA filing get the SP to 10c - and more if closely followed by other positive news.
HGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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