Well, it depends upon who is spreading the news... if it was announced by on twitter by stock pumper then we would have seen 20c even today ... (I personally don't follow them). I would have preferred today's announcement to be issued tomorrow morning starting with trading halt at 7:30am and then release announcement around 11am... !!
My opinion is that first re-rate may occurs with TGA approval (if they approve it) and then FDA HDE approval.... if the product sale increases in NZ, AU & Europe between TGA & FDA HDE approval then certainly there is scope for further re-rate... IMO... I might be wrong but Hong-Kong announcement may not give as much appreciation as positive TGA or FDA HDE announcement... IMO.
Company now has new sales & marketing team in Europe but what they also needs to do is more stock announcement regarding positive results of current patient who used the device in NZ to European & Australian market as there is high chances of market appreciating product more if patients are getting positive outcome of the product. Remember product is not about just saving life but it is also about extending life expectancy... so any positive news on patients should also be announced on ASX & NZX until product sales gets momentum and obviously they need to announce the same through cancer council publications and Facebook pages to create more awareness ... IMO.
They should certainly start working on getting approval in Japan and Korea as well..... IMO.
Well, it depends upon who is spreading the news... if it was...
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Last
$1.01 |
Change
-0.025(2.43%) |
Mkt cap ! $14.29M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.05 | $1.00 | $41.05K | 40.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 1249 | 1 |
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| Last trade - 15.47pm 20/06/2025 (20 minute delay) ? |
| OSL (ASX) Chart |