I don't hold, but intersuisse has put out a buy on bno today:
Bionomics Limited BNO Friday, 14 December 2007
The First Phase I Clinical Trial To Commence Soon!
Recommendation Speculative Buy Target Price $0.56
Historically, Australian biotechnology companies experience a strong upswing in the share price as speculative investors postulate on the outcome of the Phase I trial and sophisticated investors take a position due to the decreasing downside risk and higher probability of returns in the form of license agreements.
We retain Bionomics as a Speculative Buy, to the investor knowledgeable and tolerant of the risks associated with biotechnology stocks.
Add to My Watchlist
What is My Watchlist?