Hi JabD > my investment judgment is nothing to go by, as I am...

Hi JabD > my investment judgment is nothing to go by, as I am only a gambler who tries to avoid the obvious pitfalls

I like to look at the management and if not comfortable will only trade on the basis of momentum - with IXC it would be a gamble on the fundamentals rather than the movements in recent months.


For the impatient Bios generally take too long especially, if you are honest with yourself and consider loss of opportunity elsewhere.... IXC seems to fall into that usual pattern

Obviously, if IXC is successful and the wait is not toooo excruciatingly long then current value X 5 or X 10 or more can be imagined.

Of course, even when they aren't cowboys or 5th rate marketers Australian biotech managers are as good as anyone else in stuffing up a winning proposition, especially when they are outfoxed/outplayed/ fooled by more sophisticated and devious players.