Just another view....Great reading the discussion and pearls of insight all over the place however I think the SP is influencing the analysis right now?...If we were $4 heading to $3.50 on the retrace we would be discussing $5 becoming $15. Also if we were $4 post IND then PR would have a lot more slack.
Perhaps the reason we are $2 not $4 is a separate question to the ones being posed as a result of it?.
my 2c on why we are $2 is the flow of money out of this stock that was trapped by the delays....that will end - has ended? and fair value will resume.
again imo. But this is a $4 stock right now in $2 fancy dress, which on progress towards commercialisation will have a look at $5 then $15.
Charts are great for telling you where you are - not where you are going with the exception of despair and euphoria.....each of these outer price bands correct towards the centre value if the company is a viable going concern - .is this company a going concern? Is its goal viable?-
Knowing what end of that spectrum are we at should be factored in to our analysis.....and apologies if that sounded preachy as meant absolutely no disrespect to all the contributors.....just something to add colour?
PAR Price at posting:
$2.00 Sentiment: Buy Disclosure: Held
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