All that's true except for the break to 60c SP at the time being based on a commercialization deal that was never made. Now that the market is no longer pricing in a deal, as it's pretty clear it's not happening, it's anyone's guess to what the company is worth now. The SP was only worth a few cents until the talk/expectation of a deal came into play. I continue to hold hoping I'm wrong, but had I come to this realization sooner (I kick myself for having such tunnel vision), I would have sold with the rest.
The unfortunate fact is, a biotech company is hardly worth anything until a deal is struck (as a bioproduct of convincing results). Although positive results may move the market, the increased value is based on the assumption or probability of a deal, the results themselves technically aren't worth a thing until a deal is made. That is the hard truth, a bitter pill to swallow, and a tough lesson learned.
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $433.6M |
Open | High | Low | Value | Volume |
6.1¢ | 6.3¢ | 5.8¢ | $2.926M | 48.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1489666 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 1250588 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1489666 | 0.058 |
12 | 2525100 | 0.057 |
10 | 1675188 | 0.056 |
29 | 1585841 | 0.055 |
12 | 1712899 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 1250588 | 5 |
0.060 | 1203650 | 5 |
0.061 | 1085719 | 7 |
0.062 | 1217390 | 4 |
0.063 | 914014 | 7 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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