NOX 5.75% 8.2¢ noxopharm limited

Stoicshrink Talking about NOX and the prospect of eventual ten...

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    Stoicshrink

    Talking about NOX and the prospect of eventual ten baggers isn't altogether absurd. They happen - maybe on odd occasions - but they exist.

    Take CPH. Earlier this year, and as recently as last month - it was trading around three cents. Having sold today above forty cents, it has closed at a neat thirty cents. I don't know the full ins and outs, but speculation about a Cannabis bill in the US seems to have played its part. If in the January Georgia State Senate runoffs, both socialist lefties Loeffler and Warnock win, then the Dems will control all levels of government. If that then happens, CPH could skyrocket further. So all this is based on what might happen.

    In relation to NOX, ANY one of the ICONIC; DAART; or LuPin studies could feasibly deliver a ten bagger result for shareholders. The inception of Pharmagen surely tells us that NOX COVID remains very much in the picture.

    Perhaps taking it a step further, I find this contribution from RBx something to savour:
    • If BMS wants to acquire Veyonda, it will happen before the majority of DARRT trial costs are incurred
    • NOX will know IONIC results as well as DARRT results and will be able to leverage this knowledge in any license negotiation
    So if NOX hits more than one hole-in-one, what then the share price? Could we speculate that in these circumstances, that a ten bagger, from where the share price stands today, could be on the lower side of estimates?
 
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Last
8.2¢
Change
-0.005(5.75%)
Mkt cap ! $23.96M
Open High Low Value Volume
8.7¢ 8.7¢ 8.1¢ $50.65K 608.4K

Buyers (Bids)

No. Vol. Price($)
3 131400 8.2¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 7168 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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