Australia's largest stock trading and investment forum Australia's #1 stock forum

IIQ

7.21%

59.5¢ inoviq ltd

Thanks Hevlet.

First 585 Last

Share
Profile

Follow
GoodSand

27 Posts.

1

09/03/21

13:43

Post #: 51627935
Share

Originally posted by Hevlet: ↑

@ChinaDragon

I'm not suggestion a take over at this state - its way too early.

My point is more about having something to benchmark to from a valuation perspective.

The biggest issue when Bard1 announced the results of the latest SubB2m tests was no one knew how to value the company given it's all still about potential at this stage.

Everyone knew the results were good but no-one on here knew what it really means - hence lots of speculations and people saying what's this worth etc etc.

So instead of valuing on based revenues, the next best way (like you would in resources) is to look at what other transactions have occurred in a similar space in the market (e.g. compare resource size of other companies or products in the market or research programs).

If you are willing to go on the journey what you can see is that other transactions that have occurred in this space (on projects that are further through the development process) have been done in the multi billions.

Hence you can see the potential that sits here over time.

Don't forget that there will still be further dilution at some point in the journey (so don't do what I'm sure lots of you are doing by saying $11 Billion divided by $250 mil x by my shareholding = I'm a millionaire!) and hopefully they will be able to bring more cornerstone investors into the registry as and when they need it.

As I mentioned Thrive raised over $350 mil to get where they are and Grail raised over $2 Billion. So assuming the science keeps proving itself up additional fundraising is inevitable imho and is actually an important part of the commercialisation process.

At this stage my thoughts are people should stop worrying about every little daily move up and down (unless you are a ST trader) and just watch the process roll through.

My bet is when they announce hopefully this month the Bard1 ovarian results (see their presentations) people will still confuse it with the SubB2m results just released last month.

The Bard1 results will be Ovarian or Breast Cancer specific results.

SubB2m is a Pan Cancer marker (i.e. do you have some form of cancer or not).

This forum will be filled up with lots of comments of confusion saying 'but I thought they had results of 100% / 100%' when actually its a completely different 'shot on goal' as mentioned a few times by the company. (at least that's my prediction).

The real kicker for me will be whether over time they are able to combine the SubB2m results with the Bard1 tests (or others like a PSA test for prostate etc).

That's in my mind when the real money will be made.

I may be right - may be wrong.

Good luck all.

Cheers

Hevlet

Expand

Thanks Hevlet.

BD1 Price at posting: $3.37 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WAF

West African snaffles gold intercept at 7.3 g/t in Burkina Faso

SGQ

St George Mining jumps 8% on news it's appointed two niobium executives – from the world's biggest player, CBMM

VCX

Vicinity buys a half share in Lakeside Joondalup Shopping Centre for $420M

ASX Market Open: Australian market to rise on US rally, S&P 500 and Nasdaq continue winning streak | August 20, 2024

SMI

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

There are more pages in this discussion • 908 more messages in this thread...

First 585 Last

Add IIQ (ASX) to my watchlist

(20min delay)
Last 59.5¢		Change 0.040(7.21%)		Mkt cap ! $61.20M

Open	High	Low	Value	Volume
62.0¢	62.0¢	59.5¢	$59.91K	97.62K

Buyers (Bids)

No.	Vol.	Price($)
1	421	59.5¢

Sellers (Offers)

Price($)	Vol.	No.
60.0¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	421	0.595
1	3500	0.590
1	3000	0.580
2	9744	0.575
4	66085	0.570

Price($)	Vol.	No.
0.600	20000	1
0.605	10000	1
0.610	20000	1
0.615	5009	2
0.620	36096	3

Last trade - 10.25am 20/08/2024 (20 minute delay)

IIQ (ASX) Chart

Thanks Hevlet.

West African snaffles gold intercept at 7.3 g/t in Burkina Faso

St George Mining jumps 8% on news it's appointed two niobium executives – from the world's biggest player, CBMM

Vicinity buys a half share in Lakeside Joondalup Shopping Centre for $420M

ASX Market Open: Australian market to rise on US rally, S&P 500 and Nasdaq continue winning streak | August 20, 2024

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks Hevlet.

Top Stories

West African snaffles gold intercept at 7.3 g/t in Burkina Faso

St George Mining jumps 8% on news it's appointed two niobium executives – from the world's biggest player, CBMM

Vicinity buys a half share in Lakeside Joondalup Shopping Centre for $420M

ASX Market Open: Australian market to rise on US rally, S&P 500 and Nasdaq continue winning streak | August 20, 2024

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News