I have been looking at this company the last week or so and i am keen to invest for the longer term. The limited results seem impressive, though only in phase 1 and 2, so commercialisation/approvals would appear to be several years away?. Partnerships or a potential takeover would obviously push the share price higher. So at 13 cents a share i suppose this is where the fair value is at given the stage the company is at with their trials and potential approvals several years away. Am i missing something here?
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I have been looking at this company the last week or so and i am...
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5.2¢ |
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Mkt cap ! $385.8M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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40 | 4740984 | 0.051 |
52 | 4772179 | 0.050 |
17 | 2263068 | 0.049 |
20 | 997181 | 0.048 |
Price($) | Vol. | No. |
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0.054 | 3959610 | 13 |
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