Question 1: What is a drug worth if there is only one party who wants to license it?
Answer 1: Whatever that buyer wants to pay
Question 2: By adding more positive data, thus attracting a second party or more, what is the drug worth?
Answer 2: A damn sight more than answer 1
Management has always maintained that they are trying to increase the asset values by generating new data. This forum, and the “experts” that contribute, have no idea what new data is being generated and how good it is until it is published (for example the cabazitaxel prostate results). Quite frankly the keyboard warriors that now frequent this forum have absolutely no effect on the quality of the data, when it is ready to be published, and what net value, if any, it add to the company.
We are trusting that management know what they are doing. That is why this stock is speculative.
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Last
9.4¢ |
Change
0.001(1.08%) |
Mkt cap ! $38.76M |
Open | High | Low | Value | Volume |
9.4¢ | 9.4¢ | 9.4¢ | $829 | 8.824K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 249999 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 249999 | 0.093 |
2 | 70900 | 0.090 |
2 | 147200 | 0.087 |
1 | 6395 | 0.086 |
3 | 86000 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 50000 | 1 |
0.098 | 65000 | 1 |
0.099 | 48700 | 1 |
0.100 | 111205 | 3 |
0.105 | 66531 | 4 |
Last trade - 12.01pm 08/08/2024 (20 minute delay) ? |
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SPL (ASX) Chart |