You have one event of FDA approval for a drug not getting approval in the EU or other drug agencies. Do you know how many drugs I can pull out that got FDA approval first, then the rest of the world followed and approved? Countless.
What you are working on is a balance of possibilities. Flawed logic. Should be going with probabilities. Is it possible yes, is it probable for the FDA to approve trof and other agencies to not? Going by historical reference, no. If you want to work with only possibilities, then you really should not be in the stock market, because they are endless.
NEU chart, page-240
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Last
$14.05 |
Change
-0.510(3.50%) |
Mkt cap ! $1.795B | |||
| Open | High | Low | Value | Volume |
| $14.38 | $14.42 | $13.94 | $6.419M | 454.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.07 | 6644 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NEU (ASX) Chart |