Market view of Pacific Edge still rose-tinted
ANALYSIS: Despite the company’s qualities, investors are expecting a lot.
The biotech’s shareholders have long loved the Pacific Edge story.
On the principle that a stopped clock can at least tell the right time twice a day, we can be confident the sharemarket has at some point in the last few years offered a reasonable valuation of biotech company Pacific Edge.
In March 2020 the shares were worth 7c, valuing the company at $48.3
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