1AI 0.00% 1.0¢ algorae pharmaceuticals limited

Who knows Jlriches.Volume was only rather small and there was no...

  1. 179 Posts.
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    Who knows Jlriches.

    Volume was only rather small and there was no change to the LCT price on the OTCQX in the US overnight trading session so might just be that someone needed to sell today...

    I still belive LCT is on the right track...they have Russian trial results due next month (one patient with increased dose to be reported on), application to the FDA in USA will be submitted this year and pending clinical trial appoval in NZ. They have enough cash to continue their current operations for another 20 months (which i belive is important in this current credit crisis) and nothing has fundamentally changed with the company...but what would I know...I never thought they'd get to these levels in the first place.


    Cheers


    SW
 
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