Tell that to REATA Pharmaceuticals..$3.34 BN USD market cap, no revenue..(see WMHB's post today).
There are hundreds of stocks in exactly the same boat. Are you telling me property development companies and trusts that own vacant land with a view to seeking DA's and government approvals, then construction contracts over a 3 top 5 year period don't have an intrinsic value. They have no revenue..
You clearly have no understanding of how to value Biotech stocks on the NASDAQ. Stick to mining shares, or maybe banks, sound like that's something you could possibly comprehend..
Tell that to REATA Pharmaceuticals..$3.34 BN USD market cap, no...
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $757.1K | 13.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2203877 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 244428 | 4 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |