Gantenbrink
- 02 Oct 2003 13:58
Positive results the other day but price has dropped. Looks cheap now. DYOR
tonyosb
- 15 Oct 2003 14:44
- 14 of 18
ajren, good spot in the first place.
However I am slightly confused by your last post, especially the "I suggest no one buys it", followed by "I think it will go up a lot"!
Also a good guide to fall back prices can be the amount of cash in such companies. With approx 8m in the bank this equates to approx 4p per share, so I think your 2p per share is a little on the low side.
The biotech sector seems to be recovering. More mergers and a few success stories in Alizyme and Acambis. Also article in the FT today about sector showing signs of life.
ckmtang
- 15 Oct 2003 23:24
- 16 of 18
so does it mean now is not worth to buy to take a risk?
ajren
- 16 Oct 2003 16:27
- 18 of 18
7.62p now
100+ per cent rise had I bought @ 3.5 p.This and Corus are typical of my
speculative buy - minimum downside/high upside - trading.However,I - like
everyone - back losers e.g.Rolls-Royce 6 months ago.I had bought for different
reasons.I made a small loss.If I had waited I would have made a huge profit.