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2.7¢ adalta limited

30 days or 60 days it won’t matter. Management will time the...

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rogerdat

6,347 Posts.

434

10/03/24

13:19

Post #: 72831563
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Originally posted by Beno77 ↑

Depends when they started the conversation and how competitive potential partners are for securing this “First in class” drug. TO confirmed conversation has been on going for years. The questions posed for phase 2 extension studies which were answered may have come through our advisory board. Look at who they connected to, may offer some idea who is the 3 from top 20 big phama’s taking interest at the moment…..or might not

Scientific due diligence is obviously advanced and has been ongoing. Financial due diligence would run parallel and then there after.

I do agree 1 month very unlikely. 10 weeks maybe. Allowing a few board meeting cycles. Near term has been stated multiple times but this is biotechnology and near term can be at snails pace.

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30 days or 60 days it won’t matter.

Management will time the deal to ensure oppie exercise.

1AD Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change -0.001(1.85%)		Mkt cap ! $14.11M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$41.84K	1.576M

Buyers (Bids)

No.	Vol.	Price($)
1	346984	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	518000	2

View Market Depth

No.	Vol.	Price($)
1	346984	0.026
3	400082	0.025
2	46000	0.024
1	80000	0.021
2	525000	0.020

Price($)	Vol.	No.
0.027	18000	1
0.028	179018	1
0.029	681148	3
0.030	500000	1
0.031	17039	2

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