PTX 1.75% 5.8¢ prescient therapeutics limited

Two matters1. That sharp sudden price rise on strong volume last...

  1. 6,092 Posts.
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    Two matters

    1. That sharp sudden price rise on strong volume last week, with large pacman bites, tells it all. Muppets with weak hands who then sold it down to mid 7's last couple of days must be kicking themselves. Follow the money and the volume, does not always pan out but its a useful indicator.

    2. The PTXOC now look interesting for leverage. Priced now at about correct value for conversion ( 6.25c to pay in 2023). That means every 1c rise in the heads price will be a 1c rise in the options price, plus/minus a tad. Excellent leverage if PTX continues to surge as more results come in and option expiry date is a long way off. I hold the heads and bought oppies this morning

    2.
 
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Last
5.8¢
Change
0.001(1.75%)
Mkt cap ! $46.70M
Open High Low Value Volume
5.7¢ 5.8¢ 5.5¢ $45.94K 831.8K

Buyers (Bids)

No. Vol. Price($)
4 156326 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 101860 1
View Market Depth
Last trade - 16.10pm 25/04/2024 (20 minute delay) ?
Last
5.7¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
5.8¢ 5.8¢ 5.5¢ 83043
Last updated 15.59pm 25/04/2024 ?
PTX (ASX) Chart
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