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TGA approved Resapp, page-35

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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Losseck

111 Posts.

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02/10/19

08:41

Post #: 40676990
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Originally posted by Barbarian: ↑

My question is simple... Don't you think that much of the price of FDA and TGA anticipated approvals is already factored into the share price as it stands (at least 80%)? I base this on the behaviour of the share price with the recent announcements, rising initially to 20c (33%up) and now to 25c (25%up), it does not give me much comfort that the share price is going to rise another 100% to 50-60c on a positive FDA announcement considering that most on here think its almost a fait accompli with Experian group backing us up with a 99%. Surely the most we can hope for is a rise to 30c until commercial deals.

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Mid 2016 we were at 53 cents with just a whiff . Now if/when all approvals are in and counted one would expect to be strongly north of this . .

RAP Price at posting: 24.8¢ Sentiment: Buy Disclosure: Held
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