Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Wow, a clear misunderstanding of Biotech Companies.
Investors on here clearly don't have much exposure to them because it's not about making money at this stage, it's about getting your product to a point where a big Pharma will come in and take over or you find a way of getting the product to commercialisation.
Despite this, AGL is in a very very good position whereby it has plenty of cash, debt free and an incredible product.
Settle down children, the petty insults and bad grammar stinks of playground antics.
This is a bb for HARL investors and if you're not invested here, move along. For those derampers with an agenda, the days of spreading doubt on these bb's no longer has an effect.
So let's keep discussions factual, balanced and unbiased.
Yes I know what cash burn is, but in any biotech co who are mainly R&D, cash burn is always going to be high.
It's all about developing the tech and either bringing it commercialisation or selling it for a handsome price.
AGL has enough cash to do it through to next year, so no requirement for a raise anytime soon. By that point, the hope is that they're taken over.
....on Biotech stocks. Far too many people concentrate on cash burn, rather than the tech / IP.
Almost all small or mid cap biotech companies don't make money, especially those in R&D. This is the whole point, they research, develop and if results are good, they usually are taken over.
It baffles me why people invest in R&D and expect profit.
I'm not in here but I'm in other biotech stocks. I do now see 31p being oversold and if it drops any further, I intend on buying in. Today's drop will have caught the eye of larger pharma's.
Good luck everyone
So many opinions on the SP decline but the one fact we know, is that there's more sellers than buyers ATM. Why is that? It's anyone's guess.
The SP will either rise significantly on positive drill results or drop further on bad results. At this point, it's very high risk - reward, so be careful.
......BIDS wouldn't bother taking legal action if their 'robust pipeline' was anywhere near close to fruition.
The legal battle will be very lengthy and costly for BIDS. I've been invested here for a good while and have also traded it. I do believe in the company but management need a complete reshuffle.
I can see a raise coming soon - hopefully one that's kind on us all.
Am I actually reading this. OMG how cringey and childish hahahahahahahaha.
Come on guys, do us all a favour and grow up.
As for the wild predictions on the SP - it's being pushed and pulled by traders. There's no definitive way of knowing the next move but for what it's worth and from a fundamental perspective, it's looking good value at the current SP.
hard when the selling stops. No strong indication that the selling has stopped yet, so may drop further but with some buying volume we should see a great recovery.
It's hard to keep fundamentally good companies down.
Check out the squabbling and child's play. Anyone who thinks this is a dog's share shouldn't be trading or investing.
Fundamentals are very good and like most other fundamentally sound businesses ATM, they're in the same boat. The markets been illiquid for some time and things are starting to look better again.
SP is obviously frustrating but some director buying could be the catalyst to start an upwards trend again.
there's folk who actually follow this guy and buy in to his narrative. He's made so so so many horrendous calls and I'm not talking about him choosing to ignore his dentist for the past 40 years.
I bet he and his crew feel rather silly with all these TR1s peppering the company
More than likely that's the selling done. Probably a good time to exit with the buying pressure following the results.
Should see this bounce strongly in the coming days and with any luck, a great opportunity for retail investors to enter
should be today or Monday and I'm moderately confident it will be positive, as production should have increased due to high season commencing and the cashew equipment should be installed.
SP needs a positive update to get momentum going