Funny thing is my original calls were &5-$6 when is was $1. Before it got to $5 , I upped my price target to $15. And the later yo $25 when is was about$5.
Copped a lot of abuse and laughter along the way. I even called $60 some time ago..
Well I can’t see into the future but I can understand what we’ve got here. Drugs can and do sell for some staggering sums of money.
Baker Bros made their recent killing selling a novel cancer platform ADC’d to $24bn pre-revenue.
So it does happen. And as I put in my post it sounds crazy but that’s what the numbers show.
We’ll find out soon enough. One things for certain if your going to invest your hard earned money into a company you need to know what it’s underlying assets are worth so you know when to buy and when to sell.
As Fridays trading showed.People are buying now
Pipeline-in-a-drug, page-14
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Last
$19.30 |
Change
-0.200(1.03%) |
Mkt cap ! $2.468B | |||
| Open | High | Low | Value | Volume |
| $19.50 | $19.59 | $19.11 | $5.684M | 294.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 259 | $19.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.31 | 640 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |