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8.0¢ invex therapeutics ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-8

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SSilverstein

795 Posts.

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24/07/21

17:51

Post #: 54745794
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Originally posted by Easy Street: ↑

Sitting on losses is unsettling. IXC is bogged down in the regulatory process. This is a trialling time for any biotech investor. But underpinning it is an asset (assuming rights to asset are indeed, unequivocally IXCs to develop) that works, has a safety profile, has limited competitors and horizontal markets are large. TBI, meningitis, Stroke, VP shunt malfunction - these markets are the value proposition.
I'll average down and continue to buy as I feel this is what the market has not truely considered and is clouded by FDA debates. Important regulatory process is clouding the blue sky thesis view. Sitting on red, I try to remember these points. IMO.

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As others have said I think the fact that we are already approved for one trial in EMA with a drug with very strong phase 2 results makes this a very easy play, once market realises these two points I would be surprised if we didnt hit between 200-300 mil during phase 3 trials, IMO DYOR

IXC Price at posting: 61.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $6.012M

Open	High	Low	Value	Volume
8.0¢	8.0¢	7.9¢	$21.54K	270.9K

Buyers (Bids)

No.	Vol.	Price($)
2	117297	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	10179	2

View Market Depth

No.	Vol.	Price($)
2	117297	0.079
1	6693	0.075
1	22158	0.074
1	84879	0.067
1	100000	0.052

Price($)	Vol.	No.
0.085	10179	2
0.086	68122	1
0.090	126146	1
0.095	100000	1
0.100	2750	1

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