XAO 0.70% 8,539.0 all ordinaries

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

  1. J8
    10,810 Posts.
    lightbulb Created with Sketch. 151
    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.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
(20min delay)
Last
8,539.0
Change
59.100(0.70%)
Mkt cap ! n/a
Open High Low
8,479.9 8,539.0 8,479.9
XAO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.