Surely the expectation / probability of a positive trial result is factored into the current sp to some extent.
I understand your point re the price at the time of a trading halt providing a spring board to build upon but I think the market will value the company appropriately based on the trial outcome whether we enter the TH at 25c or 35c, although it might just take a few more days for market participants psychologically to readjust their valuation.
I think the 100% sp rise over the past couple of months has been important in generating increased awareness for the company that will provide this spring board.
In saying that, of course the higher the better entering a TH I just don’t see it has hugely important what the price is at that time as the sp will adjust very quickly to 5c or 50c (for example) regardless of the exact price we’re at when a TH is called.
LCT Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
