Well if you believe them they weren't going to sell cheap. What...

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riskyrider

2,471 Posts.

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26/03/21

09:41

Post #: 52056247
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Originally posted by pohutukawa: ↑

Me too. If Kazia doesn't become anything less than a $1B US stock (at the barest minimum) in 2-3 years, it will represent a risk-reward failure. This licensing deal, done prior (why?) to a slew of results over the next few months that are likely to boost the share price, is going to trade off some of our future value, in order to secure funding. The more that gets traded off, the lower the ceiling of the company's ultimate value.

Let's hope the deal represents good value for money for the risk that investors have taken with this stock, rather than simply reflecting the low current share price.

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Well if you believe them they weren't going to sell cheap. What that actually means I guess we will see. They said a deal was coming soon and the market was like meh so I hope the market is wrong but I'm not buying more.

KZA Price at posting: $1.45 Sentiment: Hold Disclosure: Held
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Well if you believe them they weren't going to sell cheap. What...

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