Short Term Trading Week Starting: 26 Feb, page-41

  1. 6,593 Posts.
    lightbulb Created with Sketch. 2027
    STTCOMP 1AD TA LONG
    Adalta Limited
    SOI 525m
    Mkt Cap A$13
    Cash approx $3m

    Phase 1 Extension results due shortly. Management recent announcements on progress are positive and partnerships likely on good announcement of extension results, that will answer many questions potential partners had. Three top 20 Bios have apparently signed NDA's. At $12m market cap, the upside is large

    Technically, as I have listed this as TA, the chart has based, interest is coming in. I can see this 3 bagging very, very quickly. DYOR.

    Biotech is back in the US and huge war chests of cash looking for assets.



    https://hotcopper.com.au/data/attachments/6001/6001268-f7aba0fa8d70ded86710fc68442832f5.jpg

 
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