Does anyone think that article(New drug policy for Australian sport) vintage posted yesterday is the reason of the recent price & volume spike?
-Quote from article-
"The government will kick in $21 million per year for the next four years to test athletes and are confident the major sports, including the AFL, will sign up."
The article mentioned that government will kick in $21mil per yr for next 4 years. IF they have to choose what drug kits they will use, which product and company would they choose? Australian based company I would say. Especially when AFL chairman is Top 1 share holder in HGR? Odds are pretty high that HGR might have got the contract?
If so, current HGR's market cap is 21mil and if they actually got this contract which will give them minimum revenue of 21mil every year for nxt 4 years, share price will have to be atleast doubled IMO.
Is it just me that thinks this could be it??
Other comments on this matter will be appreciated.
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