1AI 12.5% 0.9¢ algorae pharmaceuticals limited

recent lct share sell off

  1. 179 Posts.
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    Afternoon all.

    Me again (surpise suprise). Just thought I'd let you all know that after the recent sell off where LCT dropped to $0.08 the other day I decided to check whith the co. if there was some selling by larger shareholders - Dr Tan advised the heavy selling and share price drop was from one investor group - the reasons for selling were unknown.

    While I was getting info from him he also advised that the next lot of data from Russia would be end of Dec or early Jan-09.

    Also the FDA meeting scheduled for later this year is a Pre-IND which is to see if there is anything more LCT need to do before submitting an IND application to do a trial (I'm not sure what IND refers to).

    Have a good day.


    Cheers

    SW

 
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