In expectation of Nasdaq listing the SP had gone to 42 cents a year ago.
Since then we have had Cap raising of 41 million, completion of Ph 2b trial recruitment, potenty assay of CVac, Japanese patent for CVac, Dubai commercialisation, Australian manufcturing licence, manufacturing authorisation in Germany, Eur 4.1 million grant, S&P 300 ASX index inclusion and most importantly strong progress in CANVAS with patient recruitment, training of hundreds of doctors, set up of agreements with many hospitals, etc.
And now the SP is half of the 42 cents.
I firmly believe the above progress will be taken into account by the biotech savy US Financial Institutions once Nasdaq trading starts.
After waiting to more than 18 months the Nasdaq registration will be completed on Monday. And whilst this is almost certain the SP has gone down and there is no rush to buy. This is insane and common sense will soon prevail.
Goodluck to all. Patience will be rewarded - and soon.
Brainy
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Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $573.7M |
Open | High | Low | Value | Volume |
38.5¢ | 40.0¢ | 38.5¢ | $1.022M | 2.599M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17394 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 60247 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17394 | 0.390 |
6 | 90082 | 0.385 |
9 | 81777 | 0.380 |
2 | 33070 | 0.375 |
5 | 111756 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 60247 | 1 |
0.400 | 43444 | 4 |
0.405 | 183170 | 3 |
0.410 | 238354 | 9 |
0.415 | 211366 | 9 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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IMM (ASX) Chart |