nikolal welcome
the last time ALT had 2 consecutive 5M+ green days it ran to 3.4c and stayed there for just over a week or 2 i think. it almost broke resistance a few times.
unfortunately, supply issues caused delays in hospital trials and likely halted negotiations at the time.
since then, we have to price in the following:-
- QLD Health Negotiations - 180 hospitals (confirmed by MLA)
- RPA Hospital Trial (confirmed by MLA)
- World class medical device manufacturer in China
- Negotiations with US majors
- Presenting at Medica is Dusseldorf, Germany (largest medical device show)
any one of the above mentioned warrants a share price above 3c IMO, that is without factoring in some potential upside of one or more of them coming off
the engagement of the world class manufacturer in china, the US regulatory approval and the US negotiations are a real hint that they are gearing up to align with a major IMO
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nikolal welcome the last time ALT had 2 consecutive 5M+ green...
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