Looking at the broader market, we are observing a shift away from the sexy tech names to all the "forgotten stocks." This could be quite beneficial for high quality stocks like CUV. Bargain hunters will be poking their noses around, looking for stocks that represent excellent value as opposed to the momentum trades. Clinuvel is practically the epitome of value, given that buyers can get the entire pipeline for free (which contains assets that could very well change the skin care industry forever), simply through a purchase of securities trading at a low valuation to the existing earnings (considering these are long term, consistent and recurring, with very high monopoly margins and stronger than usual customer retention)
So often you see companies like PME being priced to perfection, yet here we have a company achieving perfection but being priced for disaster!
CUV Price at posting:
$15.63 Sentiment: Buy Disclosure: Held
(20min delay)