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IXC

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1.43%

7.1¢ invex therapeutics ltd

The path to a Billion Dollar + company, page-67

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bookmop1

171 Posts.

5

18/01/22

15:10

Post #: 58950053
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Originally posted by JabraD: ↑

well based off the timeline only price sensitive news coming IMO would be the commencement of recruiting. The filing for approval of sites isn't price sensitive, so if they truly wanted to buy they could. My theory is they don't want to as they are waiting for their next potential batch of free shares/options and potentially keeping the price down here so the VWAP isn't that high if/when they are issued. Just a theory

Either way, somethings up cause everyday this de-risks further and the dog is still valued at 50 mill MC lol. Infuriates me that clueless noobs chase companies with huge risks and they reap the rewards in a bull market and we've had this low risk stock do sweet fa.

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.I have only just started looking at IXC so apologies if this has already been discussed

IXC certainly looks undervalued but I am trying to understand its potential value in different scenarios.

IF IXC successfully repurposes its drug (Exenatide ?), and although this seems probable, it may take a "while". So what is to stop a generic from appearing within a few years of IXC's drug being approved and being a market success?

IXC Price at posting: 70.5¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 7.1¢		Change 0.001(1.43%)		Mkt cap ! $5.335M

Open	High	Low	Value	Volume
7.1¢	7.3¢	7.1¢	$2.546K	35.86K

Buyers (Bids)

No.	Vol.	Price($)
1	14158	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	5000	1

View Market Depth

No.	Vol.	Price($)
1	14158	0.071
1	62163	0.070
1	100000	0.063
1	100000	0.062
1	100000	0.061

Price($)	Vol.	No.
0.080	5000	1
0.083	4000	1
0.085	1000	1
0.090	126146	1
0.095	100000	1

Last trade - 14.37pm 31/07/2024 (20 minute delay)

IXC (ASX) Chart