PER 3.70% 7.8¢ percheron therapeutics limited

Hey daltsregards your below comment :"it is interesting how the...

  1. 268 Posts.
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    Hey dalts

    regards your below comment :

    "it is interesting how the market reacted to that announcement"

    It certainly is... At 10 to 10 this morning I was hoping the EMA news would be positive and result in the SP going north to 40c today whilst quietly hoping it wouldn't be bad news followed by a 20% drop, so an 18% drop on the good news today makes me wonder what the drop would have been on bad news .. God forbid..

    I am wondering whether , if we are not seeing SP manipulation shenanigans going on, the hard run to 30c over the past month was based on the expectation with recent Sarepta news that a licencing deal with them was practically a done deal... and the sell off is related to having no news on this.....

    I do typically expect to see a SP drop to SPP offer prices where there is a CR but today's drop was unexpected given the news that came out with it and an expectation of a re rating based on broker notes on this milestone.

    No matter, I will just have to put our Macca party plans on hold for a little while longer .... as I was looking forward to the fries

    just have to keep the faith and patience.

    Dave
 
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