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75.0¢ argenica therapeutics limited

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Topboy1

456 Posts.

17

05/04/23

08:35

Post #: 67139619
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Originally posted by Aki23: ↑

Hi All, I have been researching this stock,
I dont have much experience in healthcare stocks, but this looks like this could have some good potential.

I have few questions if someone could help,

First, can someone please explain from experience in this space what is the likelihood of a deal (license/takeover ) being done after phase 1 or do companies need to see phase 2 data before showing some interest?

Can someone please post some links or past deals in the stroke space in order for me to understand what the landscape looks like. I couldn't find much, hence the request.

Secondly, I dont see this stock having much of a re-rating when it completed its phase 1 (it hit $1 before it completed phase 1). In most cases healthcare stocks should pass their all time highs, I am surprised that this didn't have much of a movement. Any guesses why?

Lastly what is the likelihood of a cap raise ?

Thanks
Aki.

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I don't think a TO will happen until at least phase 2 completion and a CR is possible for phase 2! I'm new to biotechs but i suspect a rerate will happen as AGN progresses to phase 2 with good results.

AGN Price at posting: 45.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 75.0¢		Change -0.020(2.60%)		Mkt cap ! $92.11M

Open	High	Low	Value	Volume
79.0¢	79.0¢	74.0¢	$94.54K	124.8K

Buyers (Bids)

No.	Vol.	Price($)
1	600	74.5¢

Sellers (Offers)

Price($)	Vol.	No.
75.0¢	6999	1

View Market Depth

No.	Vol.	Price($)
1	600	0.745
1	5000	0.740
1	7000	0.730
2	33900	0.720
2	10999	0.710

Price($)	Vol.	No.
0.750	6999	1
0.770	1992	1
0.790	19969	1
0.800	48810	3
0.810	10000	1

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 74.5¢			Change -0.020 ( 3.87 %)
Open	High		Low	Volume
77.5¢	78.0¢		74.5¢	38197
Last updated 15.29pm 03/06/2024 ?

AGN (ASX) Chart