PTX 0.00% 4.2¢ prescient therapeutics limited

Ann: Appendix 4E and 2021 Annual Report, page-12

  1. 3,871 Posts.
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    Thank you! so my eyes weren't playing tricks!

    This means it's either a clerical error or the top 20 have been accumulating HUGE numbers over the past 2-3 months.

    Literally 200m+ additional shares now sitting with the top 20 if that slide is correct and about 320m total.

    I wouldn't be surprised if we see one or more notices of 'Becoming a substantial holder' shortly...Surely someone has ticked over the 5% reporting threshold!

    This is great news in my opinion if correct, it means that there are some people out there throwing huge amounts of money into PTX this last 3 months like no-ones business!

    Now considering the largest holder as of a few months ago only held 2% and the rest of the top 20 about .5% each on average it's a really good thing. We shouldn't have to worry about any single shareholder having a disproportionate amount of shares or being able to throw their weight around.

    I'd actually welcome a closed strategic placement early/mid next year. Like EGR as an expample, if Steven can get 2 or 3 interested sophisticates to have say 50m shares each at say 80c-$1 than happy days.

    EGR despite giving a decent concession on market price but not the actual vwap were able to raise $54m across 3 different institutions which limits the power and potential volatility at later dates. If Steven does a closed placement at market value than it's off to the races with non of the pain of involving us retail...PTX-100 can shoot straight to registration trial like a bull with no retrace to cr price...I know retail can be dirty in the short with closed placements but my suggestion is buy up now whilst the going is amazing.

    Still can't believe my eyes at that slide! 50.37% from 19.37% in months!
    Last edited by BigDaniel: 22/09/21
 
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