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I would say average down Lawson but no way if you have held at a price 100 times greater than it is today. At least a bag still left in this one.
Writing as a bitter and twisted longish term holder.
If people are desperate to throw away their money, rather than losing it all here, give it to a worthwhile charity instead. (Unless of course you believe in flying pigs)
agreed. The SP has been gradually strengthening all week and it’s going to breakout soon, maybe today?
Huge tax credits here. A very valuable shell.
I meant to correct the erroneous impression you were giving. No problem. I am sure you didn’t do it on purpose.
Ps I was a tax expert
No problem Ryans Private’s I’m sure you meant well
Significant but not available for offset. Forget it.
Steady on old boy I think you might be over reacting. If we reverse into a bio then tax losses are more than significant
What a totally ignorant posting. Are you a tax expert ? Do you realise how hard it is to use tax losses after an acquisition ? For a start it has to be the same trade. Fool and charlatan
The key here is sale price if any. Take your chances but don’t pretend there is value other than that. Losses are not relevant.
At least 100 million plus of losses over the 5 years it’s been listed
Agreed. The huge losses incurred will give the rto target some huge tax benefits so worth far more than current mcap
surprisingly ask is going higher with every buy,that means anyone sold will be paying much higher than their selling price.this is buy and hold and it will payoff soon.RTO will take this to much higher.dyor.
Unless some magic buyer / announcement of approval etc, you’ll still have to hurdle the spread. Maybe pump and dump in the meantime. I wish no person loss, you’ll be much safer in the plethora of other opportunities. IMO ( I am a holder so no motive myself )
You are right it is about to move ,unfortunately not in the way you hope. This is a shell and is totally dependent on finding a buyer for Iclaprim or positive news from the US army. Both possibilities are fading rapidly over all the time that has passed.
I would be interested in your views about why you think this will rise.
Just bought