Hi guys,
The good story of BNO with its huge potential is slowly getting out in the wider market.
The Valuation from Southern cross, which values BNO anywhere between $1.48 to $2.67 makes people sit up and take notice and have a closer look at this company.
http://www.bionomics.com.au/siteFiles/files/Southern%20Cross%20Equities%20-%2011Apr11.pdf
And the latest Bionomics April investors presentation will attract new investors to this company.
http://imagesignal.comsec.com.au/asxdata/20110414/pdf/01171073.pdf
I have the feeling that we may reach the $1 mark next week, as the shares have been accumulated by some bigger players and there are just not too many available for sale.
Most longterm holders do know very well that part of the real value in this company is due to be unlocked soon, with upfront payments, attached to licensing deals and will not part with their shares.
I can see a great future emerging for Bionomics and like their products and the billion dollar markets for which they are being targeted.
good luck to all.
jojo
Hi guys,The good story of BNO with its huge potential is slowly...
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