Company should have roughly $18 million cash on hand by my estimates. 1 billion shares on issue. Spend is going to go way down with the trial being discontinued. I'd imagine several staff will be laid off shortly. IP can be auctioned off for scrap.
Company is easily worth more than 1 cent. Not much more. But more than 1 cent.
Ann: Topline Six-Month Results From Phase IIb Study of Avicursen, page-63
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $9.786M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $92.73K | 9.881M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 716083 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1588275 | 6 |
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| Last trade - 14.39pm 27/06/2025 (20 minute delay) ? |
| PER (ASX) Chart |