it does not matter in a big scheme of things 4c or 5c...
I do feel some impatient holder can push it to low 4c..may be even high 3c.. BUT stock already fundamentally Undervalued...
1. PHASE 3 has product which can sell in hundreds of millions ...it will come good ..but can we wait e.g. 12 to 18months ? On this alone company should be valued over 500mln...
once you in Phase 3 odds are in your favour e.g.over 60%...
2. Antibacterial product in phase 2 ..will be done within 12months ...potential of this one is truly important..value ? If I say it could add easily 1bln to market cap it would be big understatement...
If phase 2 is successful it alone could add a few hundred millions I think...
Again odds are good..yes it is a bet but there are strong fundamentals...
market is mostly wrong and when it get right you better be there...
we have cash to see us through next few years..
you either have this patience or you do not..
Expectations, page-2
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Last
34.0¢ |
Change
0.020(6.25%) |
Mkt cap ! $615.4M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 34.0¢ | 32.0¢ | $1.776M | 5.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 118187 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 698385 | 8 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BOT (ASX) Chart |