TRI 5.26% 2.0¢ trivarx ltd

Big liiiinnee!!, page-4

  1. 315 Posts.
    lightbulb Created with Sketch. 591
    Interesting comparison to RAP.
    MEB has already completed trials at a prestigious USA hospital, submitted for FDA regulatory approval, signed commercial arrangements, and has a commercially driven CEO based in the heart of Med Tech opportunities - USA. It too also has blue sky potential but it trades at a significant discount to RAP. Perhaps the higher cash burn is still playing a role in this.
    The sell side looks very thin and if Jack can deliver on his promised opportunities he mentioned in the 1/4ly update it should rerate imo.
 
watchlist Created with Sketch. Add TRI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.