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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a clinical-stage biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to registration-enabling clinical studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Comment by canadafanon Mar 15, 2024 1:29am
230 Views
Post# 35934253

RE:RE:Take over process..in general

RE:RE:Take over process..in general

General question , with a very easy answer.
zero of the companies I bought & held shares in , thinking of a take over.
 Held shares as an investor.
seeing the price extreamly below any sensible, or justifiable number, looks to be a good place to buy.
list, FYI, Chrysler motors, Dofasco, Newfoundland telephone,first city real fund, white rock REIT, CIL industries, walker resources,Corel , all, I owned shares in various times.
all were bought out, or became part of a merger.
Regarding trends etc?
im talking  45 years of trading . Back then were  lucky to see. A stock price once / week.
also, off that list onky a few I held to thr takeover period.
Never expected, there was zero indication of ...
Quick example , first city real fund. They were hurting very bad. Sp valuation was dismaltalks of doom & gloom 
Yet resding the longer term, they had huge potential. Well beyind the share price was showing.
i was surprised when the announcement came RioCan was offering to buy them out.
The Rralfund BOD recommended the shaeholders vote it down.
the public announcement pushed the SP, a counter offer came above that price.
deal was accepted.
To your question directly. The market had zero indication of the coming takeover.
ONC specifically? Look back on the chart prior to the A.N. Partnership announcement.
The SP was dismal, the volume pathetic.
if markets refelectdd reality. Boeing shares would be worth a fraction of where where it is now.
onc SP is way silly low. 
like I said.3 options.
the price corrects
news validates the drop
they get bought out.
onc(y) is traded, by many who have no idea what Onc is or does.
being chartists who look for trends. Buy & sell on $$ targets.
onc(y), has been manipulated by shorting for a very long time.
The recent sp hit is a direct result of the PanCan cancellation.
Yes sometimes there are leaks & prices climb in advance of takeover.
Certainly not every time.

 




 

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