Absolutely. I should have added that given the low volume the stock will continue to be vulnerable to manipulation, and there could be a volatile period ahead.
My sentiment is "buy" but I wish there was an option for "longterm buy" because that's far more accurate. I enjoy checking in everyday (especially on a day like this) but I'm looking a year or two ahead.
Obviously a takeover offer would change everything. There's no rush for a big pharma to make an offer, they don't have to be the first, they just have to be the highest. If it's as derisked as many believe, then a number of companies will be running the numbers.
I always figured an offer would come after steady income from the US, but maybe that's just wishful thinking.
Still Undervalued, page-3
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Last
$15.16 |
Change
0.090(0.60%) |
Mkt cap ! $759.1M | |||
| Open | High | Low | Value | Volume |
| $15.12 | $15.44 | $15.02 | $1.063M | 70.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 126 | $15.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.27 | 764 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CUV (ASX) Chart |