VHL 7.69% 14.0¢ virax holdings limited

HotCopper Coverage, page-3

  1. 12,337 Posts.
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    HC advertising to HC members via email is paid by bigger funds mostly to sell their pre-accumulated holdings to a lured-in crowd. Mostly the sp tanks if there is no real substance to the company. VHL may be different, about 0.4c is cash backed, therefore the market values VHL's IP just at about 5m. The recent change of management and coming renaming of the company may trigger a real re-valuation if the drugs will deliver during the upcoming trials.

    It is still highly speculative but which stock at these levels isn't ? I grabbed a few for 0.9 c and expect it to fall a bit further, as always when buying a new stock. With just about 850m shares issued a lot depends on how lose the holding hands are when the sp goes up. Currently someone, maybe the advertisers, is selling their holdings to newbees like me but if the new management can pull off what they have planned then the sp can go up very fast. Maybe not tomorrow but 2015 could see multiples of todays levels.

    Time will tell and the company achievements will determine the sp.
 
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Currently unlisted public company.

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