To be honest mate. I have no experience with Pharma shares. This is my 1st entry.
Every time I waited to get in after things were confirmed, like Stage 3 trials succesful, the SP was too high for me
to enter.
So this time with DXB, seeing that they had 3 drugs on Stage 3 trials, specially a pill for Covid (which could adopt to new mutations),
I was very keen to get in.
There are some learned people there, in the DXB forums, who think that positive may mean on 2x or 3 x, I feel that an effective/ adaptive solutution to Covid would mean a 5x or 10x return.
Alas, that is my view, but no experience to support it.
When I was contemplating buying DXB, I saw an article from NEXT INVESTORS. I have found that their track record is really good.
Its worth reading. The 2nd link is really interesting
https://nextinvestors.com/company/asx-dxb/
https://nextinvestors.com/articles/introducing-our-biotech-pick-year-2021/
Cheers
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