ASX Shares 10 bagger

Discussion in 'Shares & Funds' started by kum yin lau, 5th Mar, 2019.

Join Australia's most dynamic and respected property investment community
Page 80 of 104
  1. wombat777

    wombat777 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,565
    Location:
    On a Capital and Income Growth Safari
    Very sorry for your loss and to hear your father is suffering.

    I was diagnosed with cancer just a short time after I started building a position in RAC. Fortunately identified early enough that surgery dealt with it. I also lost my mum to cancer 2 weeks after she was diagnosed.

    Due to those experiences I doubled down on my DD. Hundreds of hours of research.

    There are many different proteins that play a role in cancer and the focus is on drugs now that can address sub-types in different locations of the body. This protein is certainly turning out to be one of the important ones as it is central to cancer growth.

    Answering your question? Departures from position and his investment could perhaps be more to do with embarrassment about the original failed strategy.

    I also think Dr Tillett was absolutely focused on making sure the company was rebuilt with the team needed to make it a success. Have a look at the gradual build of the team with high-caliber people ( board, key management, staff ). He also basically sacked the Regulatory Advisor responsible for the failed FDA IND in 2019 and found better advisors.

    As an aside read this article and research the drugs Keytruda, Opdivo and the other PD-1 inhibitors.

    The Startling History Behind Merck's New Cancer Blockbuster

    RAC looks like they are opening up a massive new market that will match or exceed the size of the PD-1 inhibitor market due to all the following potential drug class synergies indicated by research.

    5F59BE43-B2C0-4BA1-82D0-CE6ED1660643.jpeg
     
    wombat777, 9th Oct, 2021
    #1581
    1st Timer, yannpiot, willair and 6 others like this.
  2. wombat777

    wombat777 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,565
    Location:
    On a Capital and Income Growth Safari
    Investment in Biotechs can be high risk.
    ​
    If you invest in Biotechs and Biomedical Device companies, consider familiarising yourself with the Consort Guidelines.
    They will help you to more objectively assess the information released by Biotech and Biomedical Device companies, particularly for Preclinical/Clinical Plans, Preclinical Results and Clinical Trials.    ​



    http://www.consort-statement.org
    Consort - CONSORT 2010

    (the resources below along with more detailed background information about their development are available at the links above)

    Screen Shot 2021-10-10 at 9.39.44 am.png



    Screen Shot 2021-10-10 at 9.45.17 am.png
     
    wombat777, 10th Oct, 2021
    #1582
    Touristy, Baker, trinity168 and 1 other person like this.
  3. Baker

    Baker Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    1,003
    Location:
    I like bread
    @wombat777
    Amazing stuff, and it takes some chewing for my slow brain to digest.

    Glad you are healthy, please stay that way!
     
    Baker, 10th Oct, 2021
    #1583
    Drifty and wombat777 like this.
  4. wombat777

    wombat777 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,565
    Location:
    On a Capital and Income Growth Safari
    The learning about new fields is one thing that makes investing in startup/emerging companies incredibly interesting.
     
    wombat777, 10th Oct, 2021
    #1584
    yannpiot and Drifty like this.
  5. David_SYD

    David_SYD Well-Known Member

    Joined:
    17th Feb, 2020
    Posts:
    778
    Location:
    Sydney
    Great result!
     
    David_SYD, 11th Oct, 2021
    #1585
    LIDM, Alvin09, Frosty123 and 2 others like this.
  6. Alvin09

    Alvin09 Member

    Joined:
    8th Oct, 2017
    Posts:
    10
    Location:
    Sydney
    Great action today, with volume exceeding what was seen around the same time last year, when SP was near ATH. Hopefully the SP can find a new support not too far from this level! (wouldn't mind if it's further north :)
     
    Alvin09, 11th Oct, 2021
    #1586
    Drifty likes this.
  7. skyfall

    skyfall Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    289
    Location:
    Great Britain
    This is so true! I've been in and out of RAC a few times now. I last sold RAC at $3.58 and now have a buy order in for $3.14. It's much safer and boring to buy index funds but I love the buzz from gambling plus I can write off any losses against my tax.
     
    skyfall, 12th Oct, 2021
    #1587
    Piston_Broke and willair like this.
  8. Baker

    Baker Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    1,003
    Location:
    I like bread
    ...well when you put it like that... all in on RED!

    Whatever RED is on the ASX...?
     
    Baker, 12th Oct, 2021
    #1588
  9. wombat777

    wombat777 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,565
    Location:
    On a Capital and Income Growth Safari
    NVA

     
    wombat777, 13th Oct, 2021
    #1589
    willair and LIDM like this.
  10. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    6,795
    Location:
    ....UKI nth nsw ....
    wombat777,Thanks for the link--- very powerful reading --and good luck with the cancer ..
     
    willair, 13th Oct, 2021
    #1590
  11. Piston_Broke

    Piston_Broke Well-Known Member

    Joined:
    30th Jul, 2015
    Posts:
    4,132
    Location:
    Margaritaville
    Or the insiders push the good news to create demand so they can sell out their positions.
     
    Piston_Broke, 13th Oct, 2021
    #1591
    GoldDaze, David_SYD and Anthony416 like this.
  12. wombat777

    wombat777 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,565
    Location:
    On a Capital and Income Growth Safari
    It is a former director that is selling, not an insider. This director resigned 11.5 months ago so is not an insider.
    1. The recent Melanoma preclinical study was started 5 months (mid March) after this director left the company.
    2. The former director has no control over whether or not the results of preclinical study started 5 months after he left the company will be good or not.
    3. The former director has no control over when the US Patent Office awards patents.
     
    Last edited: 13th Oct, 2021
    wombat777, 13th Oct, 2021
    #1592
    Drifty, trinity168 and mitsui like this.
  13. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    6,795
    Location:
    ....UKI nth nsw ....
    willair, 14th Oct, 2021
    #1593
  14. Drifty

    Drifty Well-Known Member

    Joined:
    9th Jun, 2020
    Posts:
    223
    Location:
    Sydney
    You're getting mixed up with IMU :p
     
    Drifty, 14th Oct, 2021
    #1594
    Piston_Broke, Codie and wombat777 like this.
  15. D&J

    D&J Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    127
    Location:
    Sydney
    A very good couple of days for CXO
     
    D&J, 14th Oct, 2021
    #1595
    Codie, David_SYD and Alvin09 like this.
  16. David_SYD

    David_SYD Well-Known Member

    Joined:
    17th Feb, 2020
    Posts:
    778
    Location:
    Sydney
    Indeed
     
    David_SYD, 15th Oct, 2021
    #1596
  17. David_SYD

    David_SYD Well-Known Member

    Joined:
    17th Feb, 2020
    Posts:
    778
    Location:
    Sydney
    bit of a retrace today
     
    David_SYD, 15th Oct, 2021
    #1597
  18. wombat777

    wombat777 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,565
    Location:
    On a Capital and Income Growth Safari
    ADN share price recovery well underway.
     
    wombat777, 15th Oct, 2021
    #1598
    skater, rizzle, Drifty and 2 others like this.
  19. Frosty123

    Frosty123 Well-Known Member

    Joined:
    12th Nov, 2015
    Posts:
    244
    Location:
    VIC
    The 43c share price valuation back in March was obviously way overvalued with a market cap >$1Bn
    What do you think a fair valuation is following the DFS and Mining grant
     
    Frosty123, 15th Oct, 2021
    #1599
    Drifty likes this.
  20. DreamzUnlimited

    DreamzUnlimited Well-Known Member

    Joined:
    29th Jun, 2015
    Posts:
    128
    Location:
    Australia
    DreamzUnlimited, 15th Oct, 2021
    #1600
Page 80 of 104