If you were looking to make a few bucks on a quick trade, you choose the wrong stock. ONTY has some promising drugs in their portfolio and we will have to be patient until the trials are completed. IMO
Where are you in Germany? My parents were born their. Dad came from Bremenhafen and my Mom came from Kiel.
Been in this stock many years and I hear the same story each year. Let's face it , if Merck doesn't buy ONTY's latest drug we hover at these low prices for a long time. IMO
Unfortunately ONTY does not have the funds to see their drugs to a final phase. That is why I believe Merck will buy them out. Hopefully they will a decent price. My guess would be between 10 and $20 dollars. Any comments?