Market Cap, at the minute 497 million
Revenue for the 6 months ending 31/12/02
$218,000
Net Loss
3.2 million
I wouldn't pay $1.50 for this stock, let alone $6.
I understand the nature of Biotech stocks and their potential. But at Half a billion dollars, this is the most ridiculously overvalued stock on the ASX.
Again, my thoughts only.
Cheers
Bazza
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