GREY:VBIVQ - Post by User
Comment by
cypress44on Aug 10, 2017 12:15pm
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Post# 26566388
RE:RE:a patient can only flatline for so long
RE:RE:a patient can only flatline for so longYes they have released some information and we now find the share price below CSD$5, obviously the market is not impressed or does not see the value in the company or Dr. Frost's involvement, and for good reason. Spoke to a friend in the biotech space who is very aware of VBI, who said that yes the results were encouraging, but they are still a long way from acceptance and distribution in the EU and US and does not see and significant developments until Q3 next year.
The only upside is that it is thinly traded, however we are coming towards the end of the summer and then tax loss selling begins, it is anyone’s idea where we end up. Seems we are stuck in an overhyped none mover.