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7.2¢ invex therapeutics ltd

Twiggy's Invex Therapeutics | The Imminent Coin Flip, page-122

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JabraD

15,516 Posts.

1282

17/05/23

11:45

Post #: 67818612
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Originally posted by Zissou: ↑

IXC peaked at $1.40 in May 2020 and has only fallen over the subsequent 36 months. There can't be many left who have a positive association with this stock (apart from seed investors), so I don't think token $10-20k director purchases will change anything. $100-200k might be the minimum for the market to take notice.

Utlimately I think the low level of disclosure about trial recruitment is leading most to assume it means we aren't on track. Management teams usually only admit a trial is delayed when there is no mathematical way that they can deny it any longer.

There is nothing stopping IXC from disclosing enrolment numbers apart from their willingness to do so. I have concluded from this it meant that the trial will take longer than expected but didn't sell because I assumed it was already in the price. Big mistake!

Expand

10-20k worth from all directors adds up to 100k. Id rather see that no matter how small it is then nothing. If they dont see value here why would shareholders step up and buy.

They have options exercisable at the end of the year at 60 cents. They have the chance now to buy at 30% discount to that lol.

IXC Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.2¢		Change 0.002(2.86%)		Mkt cap ! $5.411M

Open	High	Low	Value	Volume
7.2¢	7.2¢	7.2¢	$1.701K	23.62K

Buyers (Bids)

No.	Vol.	Price($)
2	76375	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	5000	1

View Market Depth

No.	Vol.	Price($)
2	76375	0.072
1	52915	0.070
1	84879	0.067
1	100000	0.066
1	50000	0.065

Price($)	Vol.	No.
0.080	5000	1
0.085	8805	1
0.090	126146	1
0.095	100000	1
0.100	8505	2

Last trade - 15.42pm 13/09/2024 (20 minute delay)

IXC (ASX) Chart

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