EYE 0.00% 21.5¢ nova eye medical limited

Nova Eye Medical (EYE) Discussion, page-2811

  1. 15,422 Posts.
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    At this point we're so close to the end of the financial year they might as well just wait for the annual result for the next sales update. An earlier unaudited full year result would be nice to get though. Plenty of other potential catalysts to look forward to though, sales updates aren't the only announcements they can make. Clearly lots happening with respect to the closed angle glaucoma opportunity, approvals in other markets, clinical trials, 2RT etc.

    I'm happy to wait, it would be nice to see this shoot up to 50c today but as we saw at the start of the year, when it is rerate time the price moves fast and makes up for all the slow/stagnant days. It'll happen sooner or later, either an institutional investor will notice how cheap this is and load up on market (easily pushing prices up fast due to how tightly held it is), or there will be a wave of buying after they announce yet another very strong half year. I don't think it's far now though, a few months max for the full year results but I'm guessing something will come sooner (whether that's news specifically or simply a large investor(s) trying to accumulate a large position before the company releases the next earnings report).
    Last edited by TheAnalyst007: 13/05/24
 
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