I doubt it very much.
1) The news was already known
2) Holders will use the milestone as a point to sell their stock
3) The current trend of NUH is going down - look at the chart
Like I said - you cannot just continually bombard the asx with milestone announcements when what the market is looking for is data on production stage outputs. Accordingly, your next 4C will be telling.
When I see companies bombard the asx with a lot of little announcements to shore up share price it is generally because there is an impending cap raise and the company want's to do the cap raise at a more favourable level.
Even with you Government rebate you guys are still in cap raise territory. Adding to that - the current trend for NUH is moving down not up.
I hope your 4C is very strong - because a lot of expectation is currently priced into NUH.
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