CGP 6.78% 6.3¢ consegna group limited

re: share price almost doubled !! Catbob the only comment that...

  1. 6,509 Posts.
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    re: share price almost doubled !! Catbob the only comment that you said which i can agree with is that the sp has double in the last 5 days. The comment about no change in the fundamentals, well we are getting closer to sales so I would call that a change.

    The biggest mistake a person can make is looking at the SP, its the market cap that counts. Every Biotech company in the past that has entered into a strong trending move has gone on to hit at least $50m.

    Some examples in the past, ANP @ 3.9c high $56m market cap. ADO @ 10.5c high $80m, AHZ curently $114m, ISN @ 88c high $229m.

    Those are just some...

    But to put it into real perspective Breathright which is a rival product to the turbine which has proved to not be as effective as the turbine was sold to GSK in 2007 for $588m.

    I hope you get the picture.

    I will not be short changing myself.

    cheers

 
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