Only the market cap matters. At $24m that wouldn't buy a house in Point Piper!
I think we're severely undervalued but most emerging biotec stocks have been sold off. I can't see sentiment changing anytime soon without some positive announcements. The board is top class, our adjutants work in the lab, we are doing experiments for one or more big pharma companies and we have $7m cash. I'm not selling at 1c.
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- Ann: Appendix 4C - Quarterly - 31 March 2023
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