TIS 0.00% 0.0¢ tissue therapies limited

Why would you buy TIS ?

  1. 1,960 Posts.
    lightbulb Created with Sketch. 93
    Having suffered a life changing loss I wonder if one should buy back a few shares.However I can't see any good reasons for doing so.
    1) CE mark and FDA approval are at least two years away.
    2) How is this going to be financed ? Issue of 500 mill shares at 3 c ? Dilution to hell.
    Alan Gray or some Company won't.
    3) We couldn't find a partner a few years ago when shares were at 50c and CE mark looked imminent so who
    would want us now.
    4) Takeover ? Highly unlikely partly due to the complex arrangement with QUT.
    5) All pharmaceutical companies monitor closely what developments are taking place.If Vitrogro is really that good I am sure competitors could produce a similar compound. Oops,sorry I mean device.

    So what good news could we expect.?
 
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Currently unlisted public company.

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