PTX 4.65% 4.1¢ prescient therapeutics limited

PTX Media related, page-1005

  1. 11,699 Posts.
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    I agree WAFred,

    People suggesting the company is a turd are solely looking at the sp.

    The sp (or market cap) of many speccies is often far from what they should be worth imho.

    If your sentiment is driven by the sp, then using imu has an example:

    It was a turd when their sp was 2c.
    Then it shot up to 60c - gosh it must be the best company in the world. Buy, buy, buy...
    Now down 80% - it's rubbish. It's a turd.

    But anybody who knows imu will know that the company is in a far better position now than it ever has been.

    Ptx is the same. The sp is irrelevant for showing the how good the company is. It mainly shows sentiment, which is often self-fulfilling.
 
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