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3.2¢ dominion minerals limited

Zombie company or True Shell?, page-58

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kar18na

1,181 Posts.

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28/05/19

21:11

Post #: 38789593
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Originally posted by Delphic ↑

It's unfortunate that things have turned out the way they have, it's a sad fact that around nine out of every ten drug candidates fail to win approval, and I think those numbers might be a be optimistic and then once approved who is to say anyone is going to buy it. Which means that when embarking on such a venture the underlying science has to be better than excellent. If I am reading this right; FTT is looking to pick another drug candidate off the shelf and turn this into a success story I am not convinced that this is going to achieve anything but yet more money being spent on the expensive executive salaries. Looking at the particular investment opportunity, there were seemingly a number of red flags that were ignored.

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Totally agree with this but you can make money on the initial euphoria of the deal being done if you are disciplined.

FTT Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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