Mr Cod is correct when he says Neuren is 'derisked' - within the obvious context of what he was referring to. As a pre-revenue pharmaceutical company Neuren is now as de-risked as it is possible to get (realistically 99% likelihood of FDA approval).
Mr Cod did not say investing in Neuren is zero risk.
Noone should sell their house to invest in the sharemarket - as investing in shares is never zero risk, no matter what company you choose. But we all know that already.
Perhaps I shouldn't respond to such comments when it's perhaps obvious Tony barber likes stirring ;-)
Mr Cod is correct when he says Neuren is 'derisked' - within the...
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