BNC priceMorning all,
I'm my estimation, the only thing that will move the share price is positive news such as,
1) FDA approval of the e.coli vaccine (still what, 3-6 months away?)
2) announcement of a deep-pocketed partner to pay for the MCC testing
3) increasing top line revenue in any of the business units.
In the absence of any such news, the price may well drift lower.
This stock is not being given any credit for what might happen in the future because 'the future' never seems to arrive. Results alone now matter.
If you believe the company has a future you buy; if not, you sell. There is more selling than buying these days, which suggests people are losing interest and moving elsewhere.
QA