Either there's something I missed, or the market hasn't fully comprehended the enormity of the announcement!
As at 12:50pm, the SP has remained stagnant at 63.5c (an 8.5c increase), with the last transaction made half an hour ago and a new seller for 30,000 at 63c.
I would have thought the SP should be going crazy now! (70c .. 80c???)
A couple of quotes from the Patterson research report:-
'On our projections, India alone could provide an additional $0.30 - $0.40 cps.'
'
Figure 1: Market Assumptions For TruScreen Test
(China - $US Units pa (m) - 12.0)
(South Korea - $US Units pa (m) - 2.0)
(Malaysia / Indonesia - $US Units pa (m) - 2.5)
'
*** This compares with $50 (m $AUD) extra from India
... and the SP is stuck on a price 7c below a high from a fortnight ago ... whattha?!!!
Either there's something I missed, or the market hasn't fully...
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Last
70.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $122.7M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 72.0¢ | 69.0¢ | $93.14K | 133.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83987 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 8420 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PLT (ASX) Chart |