I think it's great you have your own model for deciding what to buy, seeing that you bought in much higher I guess you only recently developed your model.
I would highly recommend applying your valuation model to other biotech plays, it would give you some good insight into how well your model works. It's great to always learn and refine, you won't know what works until you test it.
Ann: Annual Report to shareholders, page-14
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3.8¢ |
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Mkt cap ! $4.390M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $2.434K | 63.92K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 399387 | 3.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 1000000 | 1 |
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