ATH alterity therapeutics limited

Ann: Alterity Granted U.S. FDA Fast Track Designation for ATH434, page-31

  1. 8,255 Posts.
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    I was thinking the same despite the market being a bit shaky, we've still seen some solid runs lately (ADN springs to mind), so there's definitely still appetite out there. I quickly checked in with ChatGPT for its take on how ATH might react to the Fast Track news:
    What Could Happen to ATH?
    ATH last traded at $0.009, with a market cap of $85M. Based on historical comparisons:
    % Increase Implied Price Implied Market Cap
    1 +25% $0.01125 ~$106M
    2 +50% $0.0135 ~$127M

    A 25–50% move would be typical for a micro-cap biotech if retail momentum kicks in — which often happens after news like this.
    ⚠️ Caveats
    • ATH's illiquidity and high retail ownership could trigger volatile overreactions.
    • Gains may not stick unless strong clinical trial data or a partnership follows.
    • ATH434 is still in Phase 2, so no guarantees of commercial success just yet.
    Final Take:
    If the market responds well, ATH could see a short-term pop to around $0.013 — but holding those gains will depend on what comes next.

    Curious to see how accurate it is, this is the result after I asked it to give me the typical reaction to this annnouncment.
 
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(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $91.27M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $42.87K 4.214M

Buyers (Bids)

No. Vol. Price($)
1 55000 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 6683005 16
View Market Depth
Last trade - 15.48pm 23/06/2025 (20 minute delay) ?
ATH (ASX) Chart
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