vogliobene
I bought my first GTG when they were around 1c and they announced buying Brevagen
I noticed that they raised money then above the market price from a single investor and it was around $1m
So he must have been knowledgeable I assumed and followed
GTG went on like a rocket, he sold out 10c, I held on
recently I was afraid that they run out of cash and finish belly up
financing is a game changer with 2 points worth noticing
1. The original Brevagen was developed by a Venture capital for the cost around $200 m and they were very smart just GFC got better of them
2. Nothing stops now GENE to sell BrecaA and B in US, they have know how and no patent protection any more
Look on my post showing the graph with the MYGN performance on the first product launch
most of companies in new business do not get it right the first time, a lot of fail
my opinion GTG gas turned the corner, I increased my holdings by 50% last week and hold on, Hail or rain
grubarura
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $6.107M |
Open | High | Low | Value | Volume |
4.1¢ | 4.5¢ | 4.1¢ | $6.76K | 154.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47499 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 153972 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47499 | 0.042 |
1 | 2500 | 0.040 |
2 | 295000 | 0.038 |
3 | 74000 | 0.037 |
3 | 49152 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 153972 | 2 |
0.059 | 35590 | 1 |
0.060 | 50006 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.33pm 16/08/2024 (20 minute delay) ? |
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GTG (ASX) Chart |