KZA 0.00% 8.0¢ kazia therapeutics limited

Ann: Kazia GDC-0084 SNO poster, page-212

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  1. 6,851 Posts.
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    "This was 80c in early 2018 and look what happened since"

    Yes it was and you said it would never reach it then as well. Yes we have looked at what happened and understand fully why it dropped to ridiculously low prices. Today excitement is nothing more than a market correction to where we should have been a year ago. As for that gap.......it won't be filled there I said it again. Do you know why. It has been filled so many times, and I doubt there is a holder now here who want to go back that. Willing buyer willing seller. People have taken their profits at 70 cents. They have huge vol and liquidity to sell and people are more than happy to buy at 70 and why would you not when it is at 15% discount to the US market. See you at dollar real soon.

    As for the larger holders they will sell when an offer comes from Roche of Genentech or whoever in the next year or so. Data rules and an early sniff at improved PFS and OS has the big boys excited.
 
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