yes the US always seems to exuberantly go higher than us locally they pump harder - I do think we are more conservative.
it’s hard to watch at times knowing they went up well over 20% and then we locally go up 10% and struggle to hold it through the day.
better off waiting out the company releases for the next step up - we have great news coming over the next few months and I’m sure we will see new highs again soon.
Dr B is holding brilliant news and regardless the day trading opportunities there is a growing story here, regardless the company releases their timings etc - the value here is being created...
we have so many studies underway it’s just a matter of time - analysts are starting to factor in GBM success at 30% and a $2.20 SP as we progress these percentage increases add in a disproportionate dollar value - this is only one condition - good results In more than one condition and it’s progression to the next stage compounds these figures quickly.
im still waiting on our addition to the ASX300 - this boosts pro investment in us and we will see a large value add at this KPI.
there's a very good chance we could go 300-400% in this cal year - and as Needle points out it should be much more than this for fair value at this time and stage across so many trials - I’m basing my figure on a reasonable expansion of the SP increase from last cal year of around 200% from decreases the year before
theres much to be excited for - but watching the dailies is probably not much use though fun on an up day.
KZA Price at posting:
$1.38 Sentiment: Buy Disclosure: Held