PTX 0.00% 4.0¢ prescient therapeutics limited

SRX was punting on a result which lost shareholders $1.2B today...

  1. 13,386 Posts.
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    SRX was punting on a result which lost shareholders $1.2B today , who the hell would be holding a biotech worth over $2b having risen 100% in several months just on the likely hood the result would have been positive . PTX having a 5m market cap with several million cash is trading near all time lows. Surely all the downside and more is priced into PTX even if they fail. Shells awaiting tech buys are worth more.
 
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