A few thoughts.
Looks like it could be a reasonably easy one to play if they stick to deadlines.
The binary event is FDA approval, end of 2015. I like to position at least a few months ahead of events, so Sept onwards. Now there just so happens to be ~1M shares coming out of escrow around that time, so we could see a nice buying opportunity around that time.
Two questions Stockartist:
- Even with FDA approval, what about approvals for Australian sales?
- Do you know of any big cornerstone investors that got onboard the IPO?
Cheers
A few thoughts. Looks like it could be a reasonably easy one to...
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0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.824M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $4.303K | 2.151M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 40085905 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 91807222 | 63 |
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| Last trade - 10.57am 04/12/2024 (20 minute delay) ? |
| AXP (ASX) Chart |
