The sustained upward movement in sp on no significant news over the week so is largely due to fundamentals and PRR ticking all the right boxes. It is still risky however so do not have all your eggs in one basket. With every step forward, the risks certainly are reducing. The key is PRR achieving milestones (ods, fda approvals, sucess of trials, etc). Long term holders that took positions when PRR was high risk & struggling to attract funding are been rewarded now with these sustained upward movement in sp. There will be some profit taking (retraction) every now and then however there is plenty of room for updward movement in the near future. Unless we have a catastrophe (trial failure, fda disaproval, etc); the sp will continue its updward trend. I have every reason to believe that the PRR team have put their ducks in a row for sucessful trials & approvals process.
Need to watch this space because the contents of the next, say 3 to 10 major announcement with words like 'ods application lodged with US FDA', 'fda approves Cvac orphan drug status', 'update on successful PIIb/III trials, CVac granted conditional approval commercialisation in Aus/NZ, etc; will certainly be good news for sufferers as well as rewarding for holders. Cannot predict sp here but I am in agreement with all the PRR believers that it has significant updside but we are a long way away it is only a matter of patience. A profit is a profit so take it every now and then while the market is in your favour but do not lose sight of your investment objectives (what ever that might be). Good luck to all holders and lets all have faith in Team PRR with Captain Rogers ! dyor pls.
- Forums
- ASX - By Stock
- IMM
- good day
good day, page-11
-
- There are more pages in this discussion • 9 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 IMM (ASX) to my watchlist
(20min delay)
|
|||||
Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M |
Open | High | Low | Value | Volume |
31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 121215 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 2864 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 121215 | 0.310 |
21 | 282998 | 0.305 |
21 | 464160 | 0.300 |
6 | 89833 | 0.295 |
11 | 293135 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 2864 | 3 |
0.320 | 175639 | 5 |
0.325 | 392741 | 5 |
0.330 | 168348 | 4 |
0.335 | 196676 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |