RE: Nice Afternoon/Week20 Jul 2020 13:18
Everyone knew news was due by the end of July on the trial so it was a bargain compared to this. No idea when news will arrive here.
Still seeing people suggesting this will do an SNG on news. Seriously? SNG has done 500% and it's still a fairly low mcap compared to this. IMO this will struggle to do more than 100% on the best news possible in the near future. If, and it's a big if, we get news that the LFT is about to go on the market and that it has all the approvals, then maybe 200p will be hit again, which is around a 50% gain from here. That seems reasonable IMO.
All this talk of a company already trading at a crazy price going up 500% is pure fantasy though IMO. People here do themselves no favours comparing this to SNG to try and suck people in.