I don't give out financial advice but some points are:
Looks to be nearly cash backed and today's ann is great to say the least.
If biotech was the flavour of the month like Lithium is right now then the stock would be trading at multiples higher.
So, longer term it should provide big returns.
Short term, I am not sure where it will go.
Depends on your investment strategy.
The only reason I noticed it is because I used to hold it in the past when biotech was booming and this would've been massive news back then.
Cheers,
GB.
edit: ANP
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