BNO
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5.26% 20.0¢ bionomics limited

Wishful thinking. The MC is still way too high. When a drug...

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  1. rvajna
    2,176 Posts.
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    02/10/18
    10:52
    Post #: 35963264
    Wishful thinking. The MC is still way too high. When a drug fails the company can fall to shell value (less than 10 million MC). This could fall to a few cents. Look at what happened to Innate Immunotherapeutics. Let's see what happens. If there is debt then that can be a company killer.
    Last edited by rvajna: 02/10/18
    BNO Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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