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Bullboard - Stock Discussion Forum
Biosyent Inc
BIOYF
Primary Symbol:
V.RX
Healthcare
BioSyent Inc. is a specialty pharmaceutical company. The Company, through its wholly owned subsidiaries, BioSyent Pharma Inc., and BioSyent Pharma International Inc., acquires or licenses and develops pharmaceutical and other healthcare products for sale in Canada and certain international markets. Hedley Technologies Ltd., a wholly owned subsidiary operates the Company’s business marketing...
biologically and health friendly non-chemical insecticides. Its products include Combogesic, Cathejell, FeraMAX Pd Therapeutic 150, FeraMAX Pd Maintenance 45, FeraMAX Pd Powder 15, Gelclair, Inofolic, Proktis-M, RepaGyn, and Tibella. Combogesic is for the short-term management of mild to moderate acute pain and the reduction of fever in adults. Cathejell combines sterile gel and 2% lidocaine jelly in a collapsible syringe that is ready to use. FeraMAX Pd Therapeutic 150 is an oral hematinic that helps the body form red blood cells and is indicated for the treatment of iron deficiency anemia.
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TSXV:RX - Post Discussion
Biosyent Inc
> Large Block
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•••
overnout
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Post by
overnout
on Nov 22, 2024 10:00am
Large Block
Someone buying 200,000 at $11.20
(61)
•••
FormerHedgie
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Comment by
FormerHedgie
on Nov 22, 2024 10:43am
Nice, good sign!!! Hopefully, some institutions continue to take notice. I REALLY wish they would stop the NCIB, it is counter productive to encouraging institutional ownership and promoting greater liquidity in general which every stock should be striving for. Again, I would MUCH prefer them to increase the dividend then to continue spending hundreds of thousands or millions on a share buyback
...more
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overnout
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Comment by
overnout
on Nov 22, 2024 11:06am
My thinking on this has evolved. These questions have been in my mind. 1. How did Fax Capital accumulate such a large position on such a thinly traded stock? 2. Were they helping protect RX from a takeover while they built? 3. The NCIB helps the stock price and utilizes cash that has a low ROE when it sits idle. 4. The NCIB supplies the RSU's. 5. If employees like RSU's at today's
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