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8.0¢ invex therapeutics ltd

Ann: Global Phase 3 Trial of Presendin to Launch in Q4 2021, page-76

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IndexInvestor

8,654 Posts.

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05/11/21

16:14

Post #: 57353066
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Originally posted by arkangel256: ↑

Interesting price move down. The good news is that Invex has avoided a cap raise.

But it's also reduced it's TAM from $1.6B to $1B, essentially reducing the market opportunity by about 40%. And it's going to take at least 2.5 years from here to readout.

I wouldn't read too much into this price move. Likely to track sideways and explains why the BoD figured that it was best to bank their remuneration by incentive shares rather than oppies.

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By so doing, the directors have decoupled their remuneration from shareholder returns.
They need to be reminded of that, often.

IXC Price at posting: 69.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

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(20min delay)
Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $6.012M

Open	High	Low	Value	Volume
8.0¢	8.0¢	8.0¢	$312	3.9K

Buyers (Bids)

No.	Vol.	Price($)
1	2	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.9¢	5000	1

View Market Depth

No.	Vol.	Price($)
1	2	0.082
1	84879	0.076
1	500000	0.040
1	70001	0.036
1	100001	0.035

Price($)	Vol.	No.
0.099	5000	1
0.100	3500	1
0.150	713	1
0.000	0	0
0.000	0	0

Last trade - 12.29pm 13/11/2024 (20 minute delay)

IXC (ASX) Chart