The delays are making a lot of people nervous. I definitely think further testing will be needed. Not bad news, but the market has priced-in the approval. So a re-rating of this stock subject to the cost of further trials, and dilution due to partnering will be on the cards.
The 300 million market cap couldn't last forever, and I look on this as a "healthy" correction.
- Forums
- ASX - By Stock
- SLA
- heavy selling
heavy selling
Featured News
Add SLA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online