TSN 0.00% 1.0¢ the sustainable nutrition group ltd

Low EV biotech shell

  1. 1,672 Posts.
    lightbulb Created with Sketch. 110
    A biotech shell now after sale of Fondaparinux. Has some IP interests etc still.
    But low MC of $2.6m and cash on hand of $1.83m at last 4c with quarterly cash burn of $40k, means a ridiculously cheap EV of just $800k.
    And biotech are gonna be hot this year...
    Savvy operators involved in the Lamm bro's are icing on the cake.
 
watchlist Created with Sketch. Add TSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.