I’m my opinion it all comes down to Phase 3 trials which could take a few years.
If TGA approves for sale into AUS, that could assist in holding the price up, however that the risk by buying now- you are gambling in successful phase 3. If successful $30 is easily possible. If phase 3 takes forever and inconclusive, current prices are very expensive and the price could plummet.
Look at MVP. Been approved and used in AUS for 40+ years, now in Europe and most of the world, and still 2-3 years from approval and sales in China and US.
I’m my opinion it all comes down to Phase 3 trials which could...
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $85.7M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.5¢ | $94.46K | 380.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 92713 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 36964 | 2 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
24.5¢ |
Change
-0.005 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 25.0¢ | 25.0¢ | 24.5¢ | 91419 | ||
| Last updated 15.19pm 06/06/2024 ? | |||||
| PAR (ASX) Chart |