SRX 1.43% 17.8¢ sierra rutile holdings limited

Trading Halt, page-22

  1. 1,829 Posts.
    lightbulb Created with Sketch. 76
    OK, this is a big open-ended and possible cross-threaded question so I apologise in advance.   

    Reading the ASCO website and blogs tells me that the "hot topic" at this years ASCO is Immunotherapy, for example this post: http://www.ascopost.com/ViewNews.aspx?nid=27671

    This goes back to something I have posted before, and which ironically means that eventually TeTeTe will be right - SRX will be worthless and a great short -  if and when a better liver cancer treatment comes along, because almost overnight, SIRT treatment will become redundant.  And there's no point trying to hide from the fact, it WILL happen one day.

    The question that I am posing to anyone out there, is how far advanced are these other potential treatments and their associated clinical trials, and as a corollary, how much time does SRX have to capitalise on its current treatment before it is made redundant?   

    To state the bleeding obvious, there is no point having a stock with a p/e of 20, if you only have 5 years before your product is obsolete.

    Thoughts?
 
watchlist Created with Sketch. Add SRX (ASX) to my watchlist
(20min delay)
Last
17.8¢
Change
0.003(1.43%)
Mkt cap ! $75.34M
Open High Low Value Volume
17.8¢ 17.8¢ 17.5¢ $9.047K 50.98K

Buyers (Bids)

No. Vol. Price($)
15 7293686 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 1399496 11
View Market Depth
Last trade - 15.01pm 26/07/2024 (20 minute delay) ?
SRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.