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79.5¢ argenica therapeutics limited

Ann: First Patient Dosed in Phase 2 Stroke Trial of ARG-007, page-25

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brrrattt

1,062 Posts.

196

29/03/24

15:13

Post #: 73118546
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Originally posted by daveg: ↑

"You are correct in they do need capital, and they themselves have stated it". Would you please point where they said this recently.
The last Qtr showed an N/A for number of quarters of funding on hand. This means they had net inflows over the quarter in the runup to the P2 start.
They also had $8.4m in cash as at 31Dec and are quite clearly well funded through well into the Phase2.
But you are right that the next raise will be with $1+.

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Dr Borhams daily crucible sept 2023;

AGN Price at posting: 67.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 79.5¢		Change -0.015(1.85%)		Mkt cap ! $98.34M

Open	High	Low	Value	Volume
81.0¢	81.0¢	78.5¢	$46.32K	58.29K

Buyers (Bids)

No.	Vol.	Price($)
1	234	79.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.5¢	11117	2

View Market Depth

No.	Vol.	Price($)
1	234	0.790
3	34667	0.785
2	12406	0.780
2	6589	0.775
3	11134	0.770

Price($)	Vol.	No.
0.795	11117	2
0.805	2363	2
0.815	9537	1
0.820	20000	1
0.830	1100	1

Last trade - 13.27pm 29/07/2024 (20 minute delay)

AGN (ASX) Chart