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0.4¢ 9 spokes international limited

Nope I wouldnt, just to be clear Im not bullish 9sp here, but...

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amb005

7,032 Posts.

2698

14/07/22

15:55

Post #: 62539108
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Originally posted by baldynumbers ↑

well played... but HXL do have patents on their IP.. so a failed Phase II is certainly a setback, but it may not be the end (I don't invest in biotech - and not interested in looking / comparing further)
I would hardly say that 9SP has a successful product either - otherwise retention / renewals would occur

if 9SP is in a better position - it is as you say because they have a lower cash burn... but they are also running out of cash - to the point that being listed next year is not certain. (failure of going concern condition)

I would not put another dime into them... if a CR came along - would you?

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Nope I wouldnt, just to be clear Im not bullish 9sp here, but just saying there are a lot more companies that are in worse cash and asset positions than 9sp , and they are still listed, so not sure why 9sp would be delisted.

9SP Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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