Replies to post #377666 on Innovation Pharmaceuticals Inc (IPIX)

[olden_grumpini]

Accumulated deficit as of 6/30/21 was $115 million.

https://www.sec.gov/Archives/edgar/data/1355250/000147793221006717/ipix_10k.htm#bs

[SitTight]

If I stumble upon a goldmine in my backyard, buy a shovel for $10 to dig out the first big gold nugget, should I sell that gold mine then for 10 x $10 = $100?

$10 was my investment, so according to you that seems like a fair amount.

I don't think so!