BNO 5.26% 20.0¢ bionomics limited

BNO - Good Profits Ahead, page-13

  1. 2,176 Posts.
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    Without BNC210 I would have thought this company is more than a shell (greater than 10 million MC) given the agreement with Merck, cash in the bank and other products. Hard to value but say MC of 20-40 million or roughly 5 to 10 cents. Sadly, it is in the hands of day traders trying to up ramp. No one seems to be realistically trying to determine the value of what is left. Would it be worth a punt at say 7.5 cents?
 
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Currently unlisted public company.

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