I know most will ignore this but Southern Cross Equities have a base case valuation of 33c and an optimistic valuation of 88c on the stock. If you are starting to get the jitters in the mining area and starting to think a sector rotation into the already smashed biotech sector is not a bad idea then go to the companies website - www.primabiomed.com.au and go to the news section and start reading - the SCE report at the top is a good summary of everything about the company.
A little tidbit from the half yearly - they have 40 patents and 63 patent applications under prosecution - that is some serious IP if you ask me.
currently 11.5c - valuation 88c
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |