Replies to post #437 on Nemaura Medical Inc (NMRD)

[BigBill1]

#WhiskeyBusiness My target price has dramatically decreased since this boondoggle that Chaz created with his untimely offering.

I'm now thinking maybe $4 to $6 within 48 hours of approval announcement. However, Dawson James Securities has 190,000 shares/warrants that they will be unloading at probably around $2 which will hinder the upward trend some.

From there I think it will slowly continue to rise as sales numbers and territories increase. At $5 more institutions will step in as Nemaura will be attractive as they are debt free and therefor profitable almost right off the bat. And since they should be profitable I see a gradual increase over the year leading to FDA approval. Maybe $40 at the end of the year, continued rapid growth after FDA approval.