Usually I disagree with you on your view on Kazia.
However one of my other stocks (also BIO) dropped like a stone when they announced a license for the US area only. I believe the consensus was too small an upfront payment, only US$10M, even the “packaged deal” was worth circa US$450M, since all cost for the phase 3 trial will be paid for, and any data generated from the trial could be used for other regional license negotiations.
Even today this stock is 50% down from when the original deal was announced.
I sincerely hoped that this is not going to happen here, but I am worried. I have a lot riding in KZA.
- Forums
- ASX - By Stock
- KZA
- Ann: Trading Halt
Ann: Trading Halt, page-39
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KZA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online