agree with all recent comments ... ( that i can see anyways)
agree Mr The Point
Telix is so under owned
it has flown under radar ... anyone's guess why ?
perhaps, as CB said, fundies just reluctant to get bitten chasing the tigers tail ... or something
maybe they've been lazy with new IPO's
....
of note
Prior to NEU Releasing therapy results a year or more ago nowIt’s stock was also quiet and consolidating at $10 or less
a few comments on 591 results due within 6-8 weeks
Novartis has 100 % of this blockbuster market or $1.5b .. that’s USA dollars , but let’s just pretend it’s Aussie pesos , as the upside can just take care of itself
Side effects put aside which in itself should provide a sizeable
market for Telix
But the OS was last recorded at 42.3 months as opposed to Novartis
Pluvicto at 8-9 months
Novartis therapy needs 6 shots six week apart, so 9 months
Telix therapy is two shots 2 weeks apart
In the event Telix and Pluvicto are merely similar OS , I say that because42.3 months is just leaving Pluvicto in its dust - and appears way too good to be true ??? so say the experts in that discussion few weeks ago
Then the market might be shared
So that’s $750 m to Telix which is about equal to what Illuccix USA
represents now or $20 to share price
So a shared market in TLX 591 could mean another $20 to share price … might be $40 or more extra, if TLX beats Novartis or shows similar
Then you’ve got now :
approx $700-$800 m in cash and the other therapies
Plus Illlucix ex USA
Plus more imaging products
Label expansions
Plus people
Plus plus plus …
So in a game of probability, there must be a good chance of
further success, the next 6 weeks could be the biggest in
its short history
The stock now sits about 20% off its high, so sits CSL /COH off their highs too
after three long years of underperformance for the biotech sector, not that you would have noticed if buying TLX three years ago .
prob suggests again, a good year is near
lastly
I will say CB arguably could have released news of late and labelled it price sensitive - clearly at least 20,000 further scans is significant
CB could also have issued an upgrade which most are expecting… at anytime
So why hasn’t he ?
It’s dangerous to have an opinion in the stock market … but I’m suggesting he has always been three stepsahead in this game
As the CEO, he doesn’t seem concerned
(20min delay)