Investing in any biotech is long term, at least 10+ years or until success. It is very risky as an adverse event will see the share price thrashed by the market. Imo, you must have a strategy for locking in profits to act as a buffer against losses.
PIQ listed in 2015 @ 20c/share. Anyone, holding since then would have 4-5 bags. It is not unusual for 10+ bags, for example, PNV, RMD and then VLA($4m MC to over $500m MC takeover). So long term, it can be very rewarding!
Ann: Trading Halt, page-33
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Last
95.0¢ |
Change
-0.020(2.06%) |
Mkt cap ! $124.4M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 93.0¢ | $97.79K | 102.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2400 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 21799 | 3 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PIQ (ASX) Chart |