Ann: Postcard to Shareholders, page-28

First 28 Last

Share
Profile

Follow
IndexInvestor

8,477 Posts.

1388

19/03/21

00:30

Post #: 51882187
Share

Originally posted by Accumulator101: ↑

Disagree with your last comment. Two major announcements likely by the end of March should mean this starts to move back up. Watched the NWR Small Caps Prezzo by Tom Duthy this morning and he admitted that there has been a delay in working out which Contract Manufacturer they are going to appoint and this has caused a few months delay in some of the next steps. As you say this has not helped the SP in recent months.

But the investing rationale for this company hasn't changed one iota. IMHO it's a no-brainer even at double the current price and at these recent levels I have been happy to sell other holdings in order to top up. If I had additional funds available I'd be buying more.

Where I do agree with you is that there has been a concerted effort by some players in the market to short and induce weak hands to sell. For me I see a healthy upside short to medium term from where the the SP is now and at some stage during the next 3 years or so - presumably after a successful P3 - I expect this firm to be bought out by one of the major pharmas - the people holding at that time will get a very pleasing return on their investment.

Expand

What's the point of being bought out after a successful P3 when the drug is about to be approved anyway? By then you may as well market it youself, or licence it and keep overall control.

An earlier buyout would be a different matter.

Holding a decent parcel.

Last edited by IndexInvestor: 19/03/21

IXC Price at posting: 84.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

INA

Ingenia shares jump 7% on strong revenue and earnings figures

MND

Monadelphous profits up 16.2% on strong revenue result, and the market likes it

UNT

UNITH hard launching AI 'digital human' platform too 600+ companies as AI thematic survives sell-off

USL

'Joaquin Silver District' acquisition to become a key asset for Unico

There are more pages in this discussion • 4 more messages in this thread...

First 28 Last

Add IXC (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $5.260M

Open	High	Low	Value	Volume
7.0¢	7.0¢	6.3¢	$5.263K	76.69K

Buyers (Bids)

No.	Vol.	Price($)
1	38879	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	8695	1

View Market Depth

No.	Vol.	Price($)
1	38879	0.070
1	150000	0.066
1	100000	0.065
1	84879	0.063
1	100000	0.062

Price($)	Vol.	No.
0.075	8695	1
0.080	19000	2
0.083	4000	1
0.090	126146	1
0.095	100000	1

Last trade - 13.14pm 20/08/2024 (20 minute delay)

IXC (ASX) Chart

Ann: Postcard to Shareholders, page-28

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Ingenia shares jump 7% on strong revenue and earnings figures

Monadelphous profits up 16.2% on strong revenue result, and the market likes it

UNITH hard launching AI 'digital human' platform too 600+ companies as AI thematic survives sell-off

'Joaquin Silver District' acquisition to become a key asset for Unico

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Postcard to Shareholders, page-28

Top Stories

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Ingenia shares jump 7% on strong revenue and earnings figures

Monadelphous profits up 16.2% on strong revenue result, and the market likes it

UNITH hard launching AI 'digital human' platform too 600+ companies as AI thematic survives sell-off

'Joaquin Silver District' acquisition to become a key asset for Unico

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News