IIQ 1.08% 47.0¢ inoviq ltd

Ann: BARD1 Awarded BTB Funding to Develop Breast Cancer Test, page-32

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  1. 5,865 Posts.
    lightbulb Created with Sketch. 3505
    There's your news Savvy.
    Seems I was wrong about management being distracted by absorbing the takeover.
    Nice little announcement.
    Yes, we have to wait for the independent verification - but, I would expect they'll start talking to Big Pharma about selling the IP pending the outcomes? What's the next step from here?

    And this is NOT their only technology in development.

    I would imagine after the announcement dust has settled demand will pick up for BD1.
    Some of the more disciplined investors (big players) take their time analysing announcements and count to 10 before jumping in.
    Expecting a permanent re-rate shortly.

    However, I am holding for the long term - 3 to 5 years.
    Biotechs can be life changing investments and BD1 is kicking the right goals.

    IMO
    DYOR

    Last edited by MarketingMan: 23/09/20
 
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