GTG 0.00% 3.9¢ genetic technologies limited

surprised,following gtg for a while, page-4

  1. 752 Posts.
    I'm new to this stock and also recognise that it has a substantial jump already. However I spent only a few days and about 6 hours researching this stock, but was incredibly impressed by the potential. The reason I invested was

    1. Potential for US expansion
    2. Diversified revenue streams
    3. Is profitable, which is rare in bio's
    4. Has a competitively priced product in a large market
    5. Has unique and protected IP
    6. Has cash backing of approx 20%
    7. Is undervalued by it's peers
    8. Has good PR, essential for bio's
    9. Has good contracts in place and long term cash flow
    10. Over subscribed cap raising
    11. Not many shares on issues
    12. Strong and experienced management team

    So I bought in at 19.5 figuring there was limited downside but def going to be a bit of churn while the 60m shares hit the market today. But that wasn't a large dilution and think there is a real opportunity for this to head higher quickly
 
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