SLA 0.00% $3.34 silk laser australia limited

ropren approval, page-3

  1. 11,699 Posts.
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    "what effect will it have on the sp?"

    Well some have mentioned that it is already factored into the price. Which it may well be. But as approval as taken forever, & there is risk, it should have a positive effect on the price.

    The other thing that might happen is a wave of selling, as some might be holding to make a few dollars upon approval. We have seen it plenty of times when a successful clinical trial result is announced & the sp heads south. pgl is a very recent example, from around $9 to $6.

    BUT, as another poster mention, it depends what sla say along with the approval announcement. eg "Initial orders are.....", "Expect revenues are....", "Shareholders should think about moving to a tax haven" etc.

    sla have so many other 'carrots' out there to keep us interested. We still await "the world will stand up & take notice" announcement.

    Good times ahead, imo
 
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