KLSE (MYR): GENTING (3182)
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Last Price
4.64
Today's Change
-0.09 (1.90%)
Day's Change
4.64 - 4.73
Trading Volume
3,420,000
2024-08-01
2024-08-01
2024-07-25
2024-07-24
2024-07-22
Riaz1954
1,296 posts
Posted by Riaz1954 > 2022-06-02 22:33 | Report Abuse
At current price level, the risk / reward favours investment even without the drug outcome being favourable. Genting price will recover well past 6 mark when it’s core activities and markets pick up. If you then add the remote probability of the the drug being successful then any thing is possible. So the risk is worth taking for a significant uplift in price if the drug receives approval and is successful. To me reading the trial,results suggest that it is not totally unrealistic for the outcome to be positive.