Video Update with Robert Proulx, CEO IBX - March, page-19

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Rebound985

171 Posts.

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23/03/20

10:14

Post #: 43641272
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Originally posted by stevenjd: ↑

all imo

as long as a stock has its upward price catalysts intact, its just a question of when the sellers given to fear trade exhaust. I've seen GFC, and fear causes people to separate from their senses. Fair enough if the underlying fundamentals were in doubt. But the upside case when these trials demonstrate a paradigm change in early detection, greed will play its part. And Big pharma / partnering/ takeover. The market may be in a bear market, but the few who have their feet on the track, will make a song of it. The only question in the near term, is what mc people give their hand away for. Newsflow could occur anytime, to shake things up, and make the sellers think twice about under 10m mc, lol.

So whos on the registry.
A. Holders who sway, that think the sky is falling
B. Holders who understand that before, during, after corona, this is worth 100's m on success, and speculatively worth a lot more .
What happens when all of A have sold to B. There wont be any cheap stock left, and newsflow might see bigger hands on the fence move in, before big Pharma does.

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I’m happy you’re staying positive but this is much more serious than expected.

Its a real possibility that this company goes bust.

Completing a SPP at this point in time shows desperation and I doubt we’ll reach the funding goal.

These are desperate times and I don’t see many shareholders shelling out money on this company based purely on “what ifs?”.

IBX Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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