KZA 0.00% 8.0¢ kazia therapeutics limited

AQXP 1.79 to 55.75 in two days seems like fantasy but it was...

  1. 2,071 Posts.
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    AQXP 1.79 to 55.75 in two days seems like fantasy but it was reality. Seven days after 1.79, it's still up 11 x.
    (and this is on a company that's got a crap market for their potential drug (bladder pain???))
    Go ahead and tell me why that would (or could) happen. I know the answers, I just want you to think about
    your doubt about why a biotech would "double to 4 times it's NAV". IF you are a Warren Buffet proponent, of course you strongly consider NAV. BUT if you are a Warren Buffet proponent, you are not even thinking of investing in biotech in the first place.
    In the biotech space, you can take NAV and shove it.
    With no intent of being disrespectful to you, just your idea. -OS
 
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