G'day @havana19 it's anyone's guess what the share price will be on the back of good results. If we think back to when this IPO'd and ran up into the 50s slightly after listing. One could ponder that perhaps we could head back into that range without any issues given the fact a potential company making announcement is imminent.
Also let's note that a lot of stale holders who were trapped in the 40s and 50s would have probably exited on the last big spike in September which is probably why this didn't climb higher on the day and retraced quite quickly on declining interest...
If the upcoming results are as good as we think they are then in my mind FDA approval is a given.
Good results = FDA approval and this obviously ultimately leads to dollars - big dollars...
Cheers
Red bar
NTI Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
