What a fruitful day my friends
The big boys who would be taking positions do not care one bit about the stock price, they are all about the market cap
I believe we are still a ways off from the intrinsic value of SPL.
Once Vivagel is licensed, with a niiiice upfront payment, SPL will have more cash in the bank to "expedite" the DEP program.
A market cap of $1bn (and thus entry into the ASX200 - actually probably sometime before we hit a market cap of $1bn) isn't too out of the picture with:
1) Vivagel licensed globally - big upfront
2) TGA Approval of Vivagel
3) Topline results of Dep-Dox and commencement of Phase 2
4) Commencement of Phase 1 Dep-Cab
5) One of the dep-conjugate undisclosed partnerships turning into a license - additional upfront
6) Extra AZ deal converting to license - additional upfront
7) AZ moving their first molecule into the clinic - payment
The best part? A market cap of $1bn is approximately $2.71
We will naturally take breathers on the way up with some red days, and itll bob around here and there
But the overall trend is up. Lets gooooo
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Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.48M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.5¢ | $35.24K | 364.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 18326 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 15262 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8326 | 0.095 |
3 | 160000 | 0.094 |
2 | 134306 | 0.092 |
3 | 81442 | 0.090 |
1 | 30000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 5000 | 1 |
0.100 | 38876 | 3 |
0.105 | 199768 | 2 |
0.110 | 168286 | 9 |
0.115 | 85453 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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