FactorThis: "that's what they all said about ADO ..."
Comparisons are odious, but if we do compare Anteo and Cellmid, we can ask: just how good are Anteo's fundamentals?
Seems that an approximate average for ADO of say 0.05 means that the fundamentals have sustained a 7-fold increase from their pre-boom price (which was 0.007 IIRC).
So the 14-bag level was irrational exuberance, but 7-bag was about right.
For Cellmid? Pre-ann level of (remind me) 0.020 ? What the CDY SP really needs is some solid grounds to forecast sales - not to deride the analysts' prognostications, but I'd be astonished if history were ever to show they are erring on the side of caution.
On the first signs that Cellmid has paying customers for their midkine test, we'll see 0.10 and above.
On a decent rumour we'll see 0.06, not that I'm suggesting anyone start one ... :-)
CDY Price at posting:
4.3¢ Sentiment: LT Buy Disclosure: Held
