RE: Why invest in Angle PLC?16 Jan 2021 19:01
Rokesdrift, i echo diversidied and dibs answers to your question. you asked will sp go up if FDA is not successful.... plain and simple the answer is no. SP will like crash and arse fall out of it as its main and only product is parsortix so it will be a big blow if they dont get FDA approval. ok there might be a delay but end result should result in the same conclusion. anyone who researched AGL will know there is a high... if not very high probability that FDA approval will be granted. again nothing is 100% so we cant look at that like that.
and to your second question regarding the $8B market what share will be have? lets look at it on the very conservative look... at 5% thats $400M to us, who should be the gold standard in ctc sector whos been FDA approved. if we dont get 5% of the market then somethings wrong. and when you compare $400M PA vs our MCAP it is multiples of our mcap. so that should show the potential.
i am on the same thinking as dibs on where market will start moving us into a correct position for FDA approval news where it is likey to spike on news day but a price of 80-£1 in my opinion should be easily achieved pre news june onwards (or whenever it comes) the bigger it rises it will be put on others radar when word of mouth spreads and when twitter brigrade gets behind it pushing it further.
SP has bounced hard from jupiters selling dried up and had a 50%+ rise from 40p-60p+. thats the start and currently were consolidating before next wave up. all looking good in my opinion and charts turning very bullish.
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