hi Scott
Firstly, absolutely no to consolidation for me. It would be the worst outcome for holders. I dont read too much on the price action at the moment. This will play out in q1 2025. As for the cash burn, they are running a double blind RCT concurrent to a open label study. Of course they are spending money. These things are not cheap.
as for someone knowing something and selling, 0 chance. The study is blinded to all, even ATH. imo, this sp is the result of someone who took cap raise shares and atho options getting slammed in multiple positions across the asx and needing cash fast.
fwiw I loaded up on ATHO today.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-36
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $15.96M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $309.3K | 102.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 69348011 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 29671017 | 8 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| ATH (ASX) Chart |