AGN 5.52% 81.3¢ argenica therapeutics limited

Ann: Argenica Successfully Completes $12.0m Placement, page-51

  1. 2,354 Posts.
    lightbulb Created with Sketch. 1311
    These small companies keep me amused - the criticism of brokers for applying such a large discount to the " 5 day average SP " conveniently overlooks the fact that these same brokers may have helped massage the SP from a 6 month low of 34c to 63c or so .... hmmm.
    Meanwhile ' aggrieved ' ' angry ' shareholders are bitching about retail investors not being able to participate .... well long suffering SH's, the SP is approaching 55c, and so why not pick up a bundle if your convinced this stock is Gunna Go Ballistic ??
    BTW, congrats to those astute & adept trader's who in 2021, bought below 25c ,and sold in the 70's - textbook way to trade mania.
    These drug development stories take years to mature, and many fail at the last hurdle - patience & nerve required.
    Now, SH's must wait and see if the magic will happen, and AGN will arise from its "suspended animation" stronger than ever.

    https://hotcopper.com.au/data/attachments/6110/6110196-358020860c5ed3b2f350d100eaf8ed33.jpg
    Last edited by MIStragic: 18/04/24
 
watchlist Created with Sketch. Add AGN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.