Because this stock does next to zero volume & there is only 6-8wks until a binary result
The deal needed to be attractively enough priced for insto's to take a risk that they won't be able to sell it all prior to the result
Don't listen to the serial pumpers etc etc etc
Regarding a partnership - also, use your own minds & logic - I outlined my rationale here
Back in September I said these guys would raise & gave my rational here - I even commented about the 8c level as there was continual selling there at the time!!!!!
https://hotcopper.com.au/threads/ann-phase-iib-study-of-atl1102-in-dmd-completes-recruitment.8025402/page-205?post_id=75403465
https://hotcopper.com.au/threads/ann-percheron-therapeutics-limited-corporate-presentation.8188116/page-15?post_id=75524805
Regarding a partnership - also, use your own minds & logic - I outlined my rationale here below. I reiterate - there is no way a multi-national pharma executive would risk their career on punting on a partnership (so close to a read out) when they can just wait ...
https://hotcopper.com.au/threads/ann-phase-iib-study-of-atl1102-in-dmd-completes-recruitment.8025402/page-207?post_id=75404727
A final note - don't listen to the 'head in the sand' pumpers; always think, self interest guides most decisions. Take this as a learning lesson & move on.
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percheron therapeutics limited
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Ann: Trading Halt, page-69
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.87M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $727 | 72.68K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2840316 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 3323423 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2740316 | 0.010 |
6 | 5659202 | 0.009 |
4 | 1260267 | 0.008 |
3 | 1642854 | 0.007 |
2 | 3200000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 3323423 | 6 |
0.012 | 1139598 | 3 |
0.013 | 1000000 | 1 |
0.014 | 2072000 | 4 |
0.015 | 1500000 | 1 |
Last trade - 12.00pm 20/06/2025 (20 minute delay) ? |
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PER (ASX) Chart |