PER 1.27% 8.0¢ percheron therapeutics limited

consolidation, page-55

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    post consolidation

    Anp will have 142.5 million shares

    and 47.5 million option available.

    If all options taken up and excercised on or before 2017

    47.5 mil x 27cents strike price = $12,825,000 dollars.

    Our share price needs to be 28.5 cents or greater
    and a market cap of over 40 million dollars for above scenario to play out - which will leave us with a healhty $12 mil bank balance to pursue other trials if need be.

    current market cap is around $21 mil so in real terms we must double our market cap.
    using todays figures and shares available its equivalent
    to 2.9 cents a share.

    I would imagine if 1103 ph2 trial is successful and tox studies for MS 1102 are positive we may see that market cap by Christmas - early 2014

 
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