I'd add to that we're sitting at the base of a cliff of overhanging doubt, compounded by the fact the stock price hasn't moved how it has in the past prior to the CHMP Meeting. People start thinking maybe approval isn't going to happen, maybe someone knows something that we don't.
Many would have oversubscribed, thinking they can churn those extras over for a quick profit which hasn't eventuated. I'll admit, that thought crossed my mind when I put in for my allocation and then some.
Anyway, the buy depth looks good this morning. Hopefully the buyers start stepping up, worrying that they will miss out.
TIS Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
