Taurx announcement will be at 8:50 pm Malaysian time on the 7th of this month (March). If no good news, then it will drop back to original price. If got good news, it will hit limit up and no more chance to buy. Anyway, tomorrow (Thursday 7th March), I will gamble with RM10,000 first (GentingC2T), in case it is approved.
As ATK said, this is not about regulatory approval. It is about the lucidity test results. If the results are promising, then FDA approval has good chance. If it is mixed results, then they have to further investigate.
https://www.businesstoday.com.my/2024/03/05/all-eyes-on-gentings-taurx-alzheimer-phase-3-trial/ We know that approval update is not forthcoming at the conference, however the results of the extended test data will be revealed and discussed at the conference with industry experts. The outcome won which will indicate whether there is a strong probability for CA from the regulatory bodies in UAE, US and U.K. This should be sufficient cause excitement and rerating of Genting share price. Let’s see. Risk / reward on balance is to remain invested or increase investment!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2024-03-05 14:52 | Report Abuse
History is repeating, above RM5..tomorrow morning