IBX 0.00% 2.5¢ imagion biosystems limited

Interesting, page-4567

  1. 91 Posts.
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    I think that the achievement of successful trials was already priced in when the stock was 20-25c. This stock is super
    hyped, so is very prone to over valuations and being oversold (I think around 12-13c is the current fair value until any results come). Good trial results can see this testing 30c, great results mabye 40-50 if lucky. Don’t forget that the market is now awake to the management shortcomings of ibx too.

    What valuation did I use? Observing how the market has responded to ibx in the past; and how it may in the future (purely IMHO). Keep in mind that it already has quite a large market cap and is extremely hyped stock, so a degree of success is already priced into the current sp.
 
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