This is Australia's awful investment climate. A bunch of idiXXts are blaming high-growth, R&D-intensive pharmaceutical companies for declining profits. Please, step outside the country and look at pharmaceutical companies in the US and China to see how much they invest in R&D. Oh, and these idiXXTs only invest in overvalued bank stocks and closed-door monopolies like Coles, or hype rare earth hillsides in Western Australia and Africa that will never be put into production, instead of supporting high-quality, life-changing biotech and pharmaceutical companies? Sorry, I'm only willing to invest in CSL; I'm not interested in other pharmaceutical companies like TLX. I don't understand, LOL... It's not entirely these idiXXts' fault, because the ASX and ASICs allow too many junk companies to go public, and bad money drives out good.
TLX Price at posting:
$18.21 Sentiment: Buy Disclosure: Held
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