@Eqz
Funny isn't it. 60m SOI, so EV at 20c was minus $6m. TRP could have liquidated and given everyone back 30cps in cash PLUS whatever the IP and other assets could be sold for. Weird how the market only wakes up to this (albeit still only slightly) when they see a TGA approval. It was plain as day literally for years!
Even after today's bump the EV is still a hilarious $7m or so. For a company with a long-proven product, TGA approval (and further validation) for TR Pro, and Phase III (not I, or IIa, or IIb... yes kids, Phase III) ongoing for TR-987. It is laughable.
Ann: TGA approval granted for Tissue Repair TR Pro, page-17
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Mkt cap ! $25.99M | |||
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