Last CR was @ 48c/share on 23/10/20 and prior to that, was 25/11/19. Both CRs to sophisticated investors, instos. The share price is now around 89c.
I can understand that retail shareholders got diluted as they could not participate in those CRs but the share price has doubled since as the business progressed. Perhaps, retail shareholders need a Share Purchase Plan(SPP) at next CR?
That Lab. generates about $3m p.a. which offsets a lot of the cash burn and hence, reduces the need for more CRs.
PIQ is a good biotech for long termers to hold in their portfolio, IMO.
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Last
36.5¢ |
Change
-0.025(6.41%) |
Mkt cap ! $59.74M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 36.5¢ | $66.98K | 179.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4841 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 4876 | 2 |
View Market Depth
| Last trade - 13.21pm 29/07/2025 (20 minute delay) ? |
| PIQ (ASX) Chart |