Australia's largest stock trading and investment forum Australia's #1 stock forum

PER

Click for more information

0.00%

8.0¢ percheron therapeutics limited

Ann: Investor Presentation, page-7

First 7 Last

Share
Profile

Follow
flotsam222

4,862 Posts.

326

18/11/20

20:46

Post #: 48971331
Share

Originally posted by dalts66: ↑

Gday E. Its an Australian Biotech, and like most its value wont be reflected until a huge hammer falls. There was a significant holder (AEF) which would offload shares whenever this tried to run. Effectively capping it. It looks like they have sold down the majority of their holdings, so this will hopefully stop.
A lot has happened the ANP recently. Take a look at their MOST recent announcement, page 20 I think it is, shows a timeline. So far, they have been pretty good hitting these targets. Also look at the RPDD from the FDA, and ODD from both FDA and EMA. Plans are for a Phase 2b trial in Europe next year may be only trial needed to get this to market. So plenty of upside here, if all goes well.
The market cap does seem very cheap for the potential with ANP. There are some very smart contributors to the ANP threads, well worth the time to take a look.

Expand

You'd think it would have to melt up to a $200 to $300m cap by the time the trial is recruited?

Aussie biotech seem to be garnering higher valuations overall these days so $300m is reasonable I reckon.

ANP Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

PR1

Fourfold skarn increase points the way to viable garnet project, says Pure

NOX

Noxopharm aims for autoimmune market with first human trial of SOF-SKN

Good habits matters when it comes to finances

SMI

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

Earnings wrap Monday Week 34: A2 Milk, Bluescope, Suncorp's climate woes & more

There are more pages in this discussion • 20 more messages in this thread...

First 7 Last

Add PER (ASX) to my watchlist

(20min delay)
Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $72.12M

Open	High	Low	Value	Volume
8.3¢	8.4¢	8.0¢	$99.06K	1.226M

Buyers (Bids)

No.	Vol.	Price($)
1	3500	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	40625	1

View Market Depth

No.	Vol.	Price($)
1	3500	0.078
1	10000	0.077
1	180000	0.076
4	186800	0.075
3	180866	0.074

Price($)	Vol.	No.
0.080	40625	1
0.084	120000	1
0.085	363000	2
0.086	480000	3
0.087	400000	1

Last trade - 16.10pm 19/08/2024 (20 minute delay)

PER (ASX) Chart