i was a johnny come lately in IBX as well, sold down to 1c, scoffers thinking they had taken years since the ipo and had got nowhere, wanted to put iron oxide nano particles into people to look for cancer signatures. Sell Sell Sell at 10m mc. That was the sentiment about that baby giraffe trying to get on its feet. Then i looked at it, and said, it should be 100-200m mc for starters.
But what was the reality. They had indeed got somewhere. Overcome manufacturing issues, etc, and moving ahead into a first in human trial this year Still, it was typical sour milk if you walked into the forum for those that look behind, is the same with every thing that takes time to overcome barriers to get commercial windows open.
Its a BET. And i've stated it plainly in my previous post. To make money in the market, you need to identify value, and a risk profile to re-rate. - Product potential, and if there are tangible movements underfoot. You cant ignore, that they now have a manufacturing and distribution JV with China. And that is why the sp doubled before the CR, which has created the current pull back opportunity to enter at base level.
All imo, DYOR, Its all gambling. Understand the BET.
ALT Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
