XAO 0.77% 8,633.1 all ordinaries

STTCOMP BLT FA LONG I tipped this stock exactly a month ago and...

  1. J8
    10,810 Posts.
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    STTCOMP BLT FA LONG


    I tipped this stock exactly a month ago and only managed a 23% gain. I'm tipping it again. I will use the same reasons as last time, but with one addition. A rumour.

    BLT are into gene silencing and they have a deal with Axovamt for OPMD. There is a major update due this quarter and it should contain some serious information from preclinical animal trials. It should also contain some new indications to the pipeline. I am expecting them to finally start to show some movement. The SP has slipped back a little but there is little volume.

    And now the rumour........
    They have a sidelined HBV program which has been awaiting a partner. There are some improved delivery methods that they have been working on. A very distinguished poster has posted about a report (unquoted source, so far) saying that a partnership with Merck is about to be announced. We may see a trading halt because of this rumour. If it's true, expect fireworks.
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