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Consensus community valuation
$0.036
Average Intrinsic Value
28.6%
Undervalued by
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#Bull Case
Added 20 hours ago

26 May 20: Bioscience Managers Translation Fund 1 (BMTF1) to invest up to AU$5m at 3c (premium to the current share price), together with an option to raise a further AU$5m at 6c within 18 months.

Growing number of larger investors getting on board including EGP Capital. 

It is a good sign when a fund will pay a premium to get invest in a company rather than the usual discount.

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