The Fund invested in BioVercys 32,6M CHF = 35M UD$ and got perhaps 10%-15% (?) of the company. Today the market cap of ATH was US$16,38M, much less than it has cash and also much less than what the investment by the Fund was to get 10-15 % (?) of BioVercys.
I do not think the experts of the Fund made any big mistake when they evaluated the value of that company. I would expect the corresponding valuation when and if the Fund evaluates PBT2 and ATH as a possible investments.
Comparison between MC and the investment of the Fund
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $26.22M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $10.54K | 2.185M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 83226460 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 20397608 | 18 |
View Market Depth
| Last trade - 10.13am 07/06/2024 (20 minute delay) ? |
| ATH (ASX) Chart |