IXC 8.33% 6.5¢ invex therapeutics ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-17

  1. 1,039 Posts.
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    I guess its just amazing that when the Invex announcement came regarding the "Granted European Orphan Drug Designation for TBI", the share price spiked from 38 cents to 60 cents.

    Now the company is worth less than the cash in the company. Cash burn should also slow down going forward. Maybe no possibility of other opportunities arising for this company.
 
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