US $21-$28 fair value
Sounds logical to me that's to say if the CEO PW starts communicating in a proper way with his shareholders. Untill now his communication, his publications raised even more questions then the answers he gave!!
That has to change dramaticaly. The 28th of november the AGM will take place in Australia!
PW hopefully you learned your lesson!
28th of November, D-Day!
I forsee a run-up of the SP of CUV till the AUS $10. $10 will be (for the time being) the new resistance-level. During the last 2 trading-days it became clear that the $8 is the new support-level. The more the 28th comes nearer, the more the Market starts hesistating, I think.
When PW do what he has to do, when he gives the Market a "Clear Signal" then the $10 will vanish before you noticed it and CUV will be traded between the AUS $10 and $15 in no time. (US $7,50 - $11,50)
A Distribution Partner next year? Clinuvel can't do that job all alone. When everything goes well the FDA gives green light in June 2018.
Personal I think Clinuvel will starts the talks already before that date. Lot's of positiv outcomes to be expected in the coming 8 months.
Let's be honest Clinuvel needs to raise still lots of money. It would be a good thing if She could raise the money by taking shares out of the Market (share buy back method). It would safe costs. What's good for Clinuvel is good for us. It would give the SP an extra boost.
The SP needs also a boost right now.
First thing first.
PW it's up to you. Do you want to stay below the $10 or.........!
