DM sp targets
This past week we passed the 1-year 0.22 high, touching 0.25. DM's ATH close was 0.40, roughly 3 years ago. Never has DM had so much in the pipeline, be they contracts or successively higher record quarterly financial results. As we're approaching an announcement date, upwards sp pressure will continue. As such, in my opinion, 0.40 is a foregone short-term (mid-Marchish) conclusion. Q4 and Q1 will then take this to 1.00+ by end-May. Q1 results alone will, I think, generate around 30M, in gross C-19 test sales - representing 50% of current mc. There is simply too much happening of which Marshall can say little, due to TSX constraints - in fact I was surprise he indicated in the German interview that DM's sp was valued at a P/E of 2, given this may be perceived as material information...