TLX 7.06% $17.52 telix pharmaceuticals limited

Understanding Telix, page-1248

  1. 2,648 Posts.
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    You'd imagine that maybe companies with a US focus (which is arguably true of TLX for now) are going to suffer more than general.

    A weird comparison: a gold stock I follow has dropped about as much as TLX has. It's debt free, and has had a pretty decent run up in recent times.

    Gold was up 1.5% in the last 24 hours, so that drop makes no sense at all. I see the drop in TLX's price as being similarly based on sentiment not market fundamentals.

    I have no idea what's going to happen to the price in the medium term- in the worst case it will take the Zicaix approval to kick things off again- but the Telix story has not changed in the last week.

    For those of us who enjoy meaningless comparisons (and have a sense of humour) TLX now has a higher share price than NEU.
 
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