the announcements made by cmp over the past couple of weeks clearly have not sunk into the broader market.
when they do the upside from here is imho, absolutely enormous.
it may well even become a takeover target for rmd but with david owning nearly 70% of the script what price would rmd need to pay? i cant see it being in cents that is for sure.
this baby is in the infancy of becoming a turnaround story. given the improvements & ip protection that cmp's sleep apnoea treatment have over existing products a takeover reads as the most sensible outcome for all parties. i cannot see it possibly trading at these levels for long.
the announcements made by cmp over the past couple of weeks...
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Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $54.78M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.5¢ | 28.0¢ | $1.46K | 5.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19300 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 20999 | 1 |
View Market Depth
| Last trade - 14.20pm 21/07/2025 (20 minute delay) ? |
| CMP (ASX) Chart |