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6.3¢ invex therapeutics ltd

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BalkanBroker

1,377 Posts.

281

14/10/20

12:46

Post #: 48084455
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Originally posted by GiveUsAChance: ↑

It's the principle of it, using timelines in presentations means investors allocate funds based on those facts and as in any job if you don't hit those milestones you should atleast provide an update as to when you expect it to be completed if that date moves...not just let it pass.

Agree the company has done well so far and nobody is calling for their heads as they have runs on the board, but you can still communicate with shareholders - otherwise don't have shareholders if you don't like it.

Let's just hope there's a rocket ship that comes out of the sky sooner or later, we all know Bio Techs with little SOI can go 100%+ in a day so we'll aim for that.

The only other thing I can think of is it they trade sale this before they even get to trial, that was mentioned in one of the FiftyOne Capital podcasts and mentioned in all of their Presentations. If it were, you'd expect it to be well north of the $2 high that was reached.

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Yep, valid points. 100% agree with the communication side of things, at least keep us in the loop. Hopefully they aren't sending anything out as they are in the middle of buyout. Whoever the seller is, they aren't in the top 20 so it has to be an algo imo selling into itself to shake out holders given the low SOI

IXC Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change -0.007(10.0%)		Mkt cap ! $5.260M

Open	High	Low	Value	Volume
7.0¢	7.0¢	6.3¢	$4.485K	65.57K

Buyers (Bids)

No.	Vol.	Price($)
1	84879	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	8695	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.063
1	100000	0.062
2	158500	0.060
1	100000	0.052
1	500000	0.040

Price($)	Vol.	No.
0.075	8695	1
0.079	101714	1
0.080	19000	2
0.083	4000	1
0.090	126146	1

Last trade - 11.20am 20/08/2024 (20 minute delay)

IXC (ASX) Chart