Turbo, great post. Agreed $75-$150 is a likely outcome. Now that we’ve passed $25 today , that makes a takeover at $75 an easy target. Then add in 2 more sets of trial results in next 8 months and it can easily rise from there. The trouble with going all the way ourselves, is the the SP will plateau and likely drop away . Many will wait on sidelines while ph3 trials are done.
Many older holders here will want to cash out and enjoy their winnings in the $75-$150 range rather than wait another 3 years at a lower price.
As with every investment there comes a time to cash out. $75-$150 looks like a great place to do that. And that poster who bought arb.006 will walk away with between 675 bags and 1,350 bags. And I would expect the his/her investment would be one for the record books in the ASX Hall of Fame. And he/she won’t be the only one with spectacular returns.
and here is some more news about Biotechs and takeovers.
https://www.biopharmadive.com/news/biotech-pharma-deals-merger-acquisitions-tracker/604262/
Turbo, great post. Agreed $75-$150 is a likely outcome. Now that...
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