It's not so much crazy as perhaps more like "at the wrong place at the wrong time", suffice to say if this company wasn't listed on the ASX and instead in the more liquid Nasdaq market it would probably be at these higher valuation levels already. Biotech companies should and will always be rated on future forecasts of revenue and profits when it come to the Equity story it is just unfortunate for Aussie Biotech companies.
It's not so much crazy as perhaps more like "at the wrong place...
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$19.97 |
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Mkt cap ! $2.552B | |||
| Open | High | Low | Value | Volume |
| $19.96 | $19.97 | $19.69 | $4.156M | 209.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246 | $19.88 |
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| Price($) | Vol. | No. |
|---|---|---|
| $19.99 | 512 | 1 |
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