I bought as part of the IPO and was sold at "Hello" once I read the prospectus. Realistically what woman who could afford to do it wouldn't? Then, I thought the worst when my entire applicationwas given to me (as that usually means there is not enough demand). Yet I knew it was a long term shot before sales came through the door. Given that the De Novo process is only due to be completed by April next year.. I would not expect to see real revenue stream until later that year. However I reckon in 18 months we will know the full potential. I have no exit strategy at this stage in terms of how high it goes... But I would potentially exit if it does not get approval from teh FDA (which I think is less than 0.1%). But if it does do well... realistically who knows what it could be worth? But I honestly believe that a $10 share price is not unrealistic in the next 2 or so years.... but would I bet my house on it... NO! This stock represents about 1.5% of my holdings.
I am not a heavy trader and just invest on the side... and I prefer to hold medium to long term (I am not sure I have ever held a stock for less than 3 to 6 months).
If you want to see another great prospect long term.. check out MX1.... was sold on that too and I reckon it is at a good price (57.5c now and floated at 50c last week).
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I bought as part of the IPO and was sold at "Hello" once I read...
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Change
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Mkt cap ! $5.824M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $4.303K | 2.151M |
Buyers (Bids)
No. | Vol. | Price($) |
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27 | 40085905 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.2¢ | 91807222 | 63 |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.001 | 4584623 | 2 |
0.002 | 80283560 | 48 |
0.003 | 17399168 | 15 |
0.004 | 6454247 | 9 |
0.005 | 2401679 | 14 |
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