I think there's a bit more to this than just the Medicare changes. For example, the market never reacted to the recent 75% revenue growth news as it expected that would disappear due to the LCD. Now that the LCD is gone for good, we have the market not only reacting to the very positive LCD news, but is having an overdue reaction to other recent news such as the revenue growth. There is also the value side, many investors are invested due to how undervalued this stock has been (for quite some time now) and it is likely we are seeing the market finally waking up to that fact as well.
But who doesn't like some good news, I'm always happy for EYE to give us another announcement soonSales update should come this month actually, will be a bit distorted due to the LCD but I'm hoping they will provide a very bullish outlook (the market is forward looking after all)
- Forums
- ASX - By Stock
- EYE
- Nova Eye Medical (EYE) Discussion
Nova Eye Medical (EYE) Discussion, page-1819
-
-
- There are more pages in this discussion • 1,369 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EYE (ASX) to my watchlist
|
|||||
Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $52.68M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.5¢ | $6.366K | 28.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 123615 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 18834 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 123615 | 0.225 |
4 | 115813 | 0.220 |
3 | 98000 | 0.215 |
11 | 299185 | 0.210 |
5 | 66036 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 18834 | 5 |
0.235 | 113449 | 3 |
0.245 | 12081 | 1 |
0.250 | 200000 | 3 |
0.255 | 125000 | 2 |
Last trade - 12.26pm 15/08/2024 (20 minute delay) ? |
Featured News
EYE (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online