IVX Potential ?, page-9

  1. 1,206 Posts.
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    Kfresh. It's difficult to put a short term potential target. Unfortunately here in Australia too many people have been burnt with biotechs while in their formative years. Here, most institutions won't go near them, unless they are at least through Phase 2, and even then there is a preference towards drug device companies over a pure drug company. If Invion was trading in the US as an American company, I believe it would have a valuation many multiples higher than where it is now. In the US life science stockbroker analysts have Phds. Here in Australia that's not the case. You look at Bell Potter, Morgans... they have very experienced specialist analysts tipping outstanding Australian biotechs in complex areas like oncology eg Viralytics, but they have the same qualification I have - none. All I know is the current share price reflects our limited funds and hasn't factored in any trial success but when that comes, hold on for the ride.
 
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(20min delay)
Last
11.0¢
Change
-0.015(12.0%)
Mkt cap ! $9.320M
Open High Low Value Volume
12.0¢ 12.5¢ 10.5¢ $24.18K 211.9K

Buyers (Bids)

No. Vol. Price($)
2 30000 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 28316 1
View Market Depth
Last trade - 15.59pm 25/06/2025 (20 minute delay) ?
IVX (ASX) Chart
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