I did not think Akki was speculating about an impending buy-out deal for PAB. She was merely commenting that if an early stage cancer biotech has a very good pre-clinical asset (...and from what we know PAT DX-1 ticks a number of boxes in this regard as per the most recent ASX release - i.e., novel, newly discovered mechanism of action, good IP, can target multiple cancers esp solid tumours, potential to work in synergy/combined therapy with other therapies, has the ability to be conjugated to radio nucleotides or nano particles etc etc), then there are many precedents for early stage/pre-clinical buyouts by big pharma. She was also stating (not speculating) on what we know now about the pre-clinical characteristics of PAT DX-1 in a very measured and informed way.
In regard to FDA approvals - for most small cap/early stage biotechs listed on the ASX, the path to FDA approval will usually come after the takeover by a big pharma parent. In this regard she is not speculating either and just stating the normal course of events for any successful early stage/discovery focussed biotech.
Jim, I am sure you would like to see the PAB price fall to 0.004-0.006 cents again and then sell at 2c!!
Long-term PABsters be aware - the traders are very good at downramping and upramping - just have a look at the historical posts for some of the "traders" the ill-founded, inconsistencies and contradictory comments for any given stock will amaze!!
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Ann: PAT-DX1 Active in Pre-clinical Cancer Models, page-143
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $7.201M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $1.479K | 422.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 25195209 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 22489307 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 25195209 | 0.003 |
26 | 36631332 | 0.002 |
12 | 51351998 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 22489307 | 15 |
0.005 | 11004512 | 9 |
0.006 | 8546450 | 7 |
0.007 | 6426356 | 4 |
0.008 | 1221910 | 4 |
Last trade - 10.56am 08/10/2024 (20 minute delay) ? |
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