The overreaction has so far been only a bit less than 50% from $14.80 to $21.
SRX SP is still a long way from $39.
That is the typical story with biopharma stocks, big risk but big returns.
U could say the market now has confidence in SRX and u could its lack of support with volume above $20 is no confidence.
Without dividends, meaningful EPSs or metrics for SRX in current state, a valuation for SRX is a tricky thing to achieve with any degree of certainty.
Clinical Trial Objectives, page-40
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.70M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $6.597K | 37.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 5847101 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 237659 | 23 |
View Market Depth
| Last trade - 14.58pm 27/09/2024 (20 minute delay) ? |
| SRX (ASX) Chart |