agree.... I have few biotechs in my portfolio .... every time the SP falls down and stays there for months or sometimes year and longer..... I always blame the market and think they just don't see the opportunities....
I have never been lucky with a bit out but the only time I made money on biotechs is when I sold at high and entered Low ....
but sadly that doesn't help with the SP .....
a lot of holders missing the fact that the company failed its key trial (for whatever reason).... the management didn't provide an appropriate response and the market lost confidence .....the holders should be happy that the MC is still circa 100m .....
BOT price action, page-1237
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $669.7M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 36.5¢ | $2.548M | 6.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96148 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 782479 | 9 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |