IXC
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6.67% 8.0¢ invex therapeutics ltd

Ann: Phase III Clinical Trial Update and New IIH Market Analysis, page-99

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  1. IndexInvestor
    8,554 Posts.
    lightbulb Created with Sketch. 1404
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    28/06/23
    17:55
    Post #: 68519140
    I'm not aware of any example of a biotech voluntarily returning cash after winding up a trial.

    Even equity investment companies trading at well below NTA rarely voluntarily wind up.

    Anyway, IXC aren't going to even consider it until they very belatedly find out what the TAM is.
    IXC Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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