Anyone see CHM announcement this morning about a raise. Disgusting raise, just goes to show how much cash is king atm in the biospace.
Like I said majority of these bios wont be around in a couple of years time, as funds are drying up fast in the space.
In saying that the biotech space seems to be at one of its worst spots in decades, and like all cycles there seems to be down period and UP periods.
See the global Biotech Growth Trust - The Biotech Growth Trust invests in a diversified portfolio of shares and related securities in biotechnology companies on a worldwide basis.
Its down over 58% on its peak back in 2020/21
Finally seems to be bottoming though...
IXC raised at the top of this cycle btw. Talk about timing
Twiggy's Invex Therapeutics | The Imminent Coin Flip, page-100
-
- There are more pages in this discussion • 120 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 IXC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.335M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 532 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 8695 | 1 |
View Market Depth
| Last trade - 16.12pm 09/08/2024 (20 minute delay) ? |
| IXC (ASX) Chart |
Day chart unavailable