QRX dropped to as low as 50c when receiving first CSL in 2012, then bounced back to 92c, drifted to 65-70c for few months, steadily climbed to $1 on resubmitted NDA application on 28/02/2013 fetched $1.37 on 11/03/2013 within 2 weeks after re-submission of NDA
This time, I reckon we are currently forming the bottom (65-70c), just start climbing back to $1.
General meeting will be held on 13/11/2013. NDA is scheduled to be resubmitted mid-November.
QRX should move back $1.
POH share price soared by 50% on positive news of Phase 1 Trial.
QRX is in final stage of releasing the drug.
QRX Price at posting:
75.0¢ Sentiment: LT Buy Disclosure: Held