IXC 2.78% 7.0¢ invex therapeutics ltd

Reading through the quarterly I can not see anything that...

  1. 409 Posts.
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    Reading through the quarterly I can not see anything that negative. Everything is on target with well placed timelines.
    Management have delivered on what they have been promising from day one, and also a great appointment of Carol Parish
    to help with EMA and FDA approval. 34 million to take us through ph3 , what’s not to like?
    Capital 51 said after ph2 results that they would expect IXC to be trading at around the $2.00 mark, so at the current price
    i think this is a bargain IMO. Problem is that some investors think waiting a year or two is too long and expect an overnight
    buy out.
    IMHO we will look back at the current share price in a year or two and be saying what a bargain price it is.
 
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