1. Most Discussed
  2. Gainers & Losers
  1. Members, Techs apologise for the loss of thread titles, and are currently working on restoring them. They will be back asap. Thank you
ANP 2.3¢

Antisense- green alert to ??

  1. bigprofit

    258 Posts.

    I don’t have a valuation for antisense primarily because it is still a research company and there is no earnings to base the information on. Having said that I recall some time ago some brokers calling it at least 50cents+ based on the potential of their research. That was possible then when the sentiment for the biotech sector was very good. We should therefore discount that valuation heavily by say at least half.

    Anp has support of a major pharmaceutical and biotech company and I think in the last few months has indicated that it progressing along well. Hopefully we should see some results soon. I notice this morning that the market depth has been buiding up from the 10cents level. The last time it came down to this level it sprang forward to about 15cents. It looks like the tax selling may well be done and people are picking up the stock again for a rebound. At this level it seems that downside is limited (lowest was 10.5cents) with good potential for a bounce especially if we get a good announcement.

    Have a look yourself and see if you agree.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.