RE:AGM ContinuedYou have wasted ten years of your life on this. This is a POS. There is a life cycle to holding drug stocks. People overpay in phase 1 and Phase 2 because they are blue sky dreaming. This stock is done, Zenith is done, sell on any BOUNCE you can.
Power Corporation has just under 10 % of Bellus Health Care, BLU. Today I can buy that stock with one phase 3 candidate and another in Phase 2 for 75 % LESS THAN WHAT POWER CORPORATION PAID FOR IT.
They already have a partner paying all the costs of Kiacta for a 50 % stake. The burn rate is low, they are lean and cashed up to take Kiacta to Phase 3. Robert is prudent with the cash. They still have the neutricyclical business ( a non core asset ) that they can sell off when the market is favorable.
As one of the most skilled options traders in the universe, I can tell you its ALL ABOUT THE TIMING. RVX is dead money, another sad little engine that coldn't and throwing good money after bad is never sound financial advice.
Stick with VPO, stock picker to the stars, the oracle of Delphi comes to ME for consultations.
BLU is a 5 bagger in the next 18 months !!!!!