BXN 11.8% 1.9¢ bioxyne limited

hi mouse, have done a quite a bit of research on BXN by now....

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  1. 2,125 Posts.
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    hi mouse, have done a quite a bit of research on BXN by now. However full credit to Scoobybuck for unearthing this one, without him I would not have heard of this co at all.

    The co IMO has a steady pipe line of products in dairy ( probiotics ), energy drinks, beauty products, bio tech / pharma products , you name it they are lining it up for the SE markets and China.

    The key in BXN is to understand, there is a fair chance this co can easily hit some thing like 150 mil sales with very minimum 15 % NP ( Scooby is of this opinion, I think NP will be higher , but let us keep the lower NP margin ), so the co can hit a NP around 20 mil in three years. Now that is a totally new ball game we are talking about. Stock market values cos on forward sales and growth , so BXN SP can rerate massively over next few years.

    Now the tree will be shaken violently to remove all weak hands. The ideal thing is to put this in bottom drawer for atleast three years and not worry about even 40 to 50 percent corrections from time to time , don't try to trade the stock, just leave it as a core holding . All these high potential cos, the SP gains are always back ended , just like bitcoin did, the massive 10X - 20X rise comes much later in the game in a matter of weeks and months.

    I can be totally wrong about my opinions, DYOR GLTA.
 
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Last
1.9¢
Change
0.002(11.8%)
Mkt cap ! $26.60M
Open High Low Value Volume
1.8¢ 1.9¢ 1.8¢ $29.15K 1.552M

Buyers (Bids)

No. Vol. Price($)
1 256684 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 500000 1
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Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
BXN (ASX) Chart
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