IBX 2.27% 8.6¢ imagion biosystems limited

Ann: Imagion Announces Positive Results from Phase 1 Study, page-3

  1. 27,070 Posts.
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    I think the bottom is in, what was around 30c = 0.0075c in the old tongue.
    When the tank is exhausted, there is no-one left to sell for less.
    A registry is made of faithful, and those who would throw the towel in.
    When you run out of the latter, a reversal can occur as new buyers only option is to reach for higher hanging fruit. The other variable (-ve) is capital raising, or the (+ve) onset of a strategic partner. Both can tip the scales.

    But for value, the 30c potential bottom under 10m mc, spoke value in the med tech landscape.
    Last edited by stevenjd: 07/12/23
 
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