PTX

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4.6¢ prescient therapeutics limited

I, and several others that I know got the same phone call &...

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Marfox

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04/10/22

17:00

Post #: 64024130
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Originally posted by bripoz: ↑

Apologies if this issue has already been addressed, as personal issues prevent much research/contribution these days.
Yesterday a person from "REACH MARKETS" (or similar), contacted me to discuss my sentiments re PTX.
I got the impression SYC is desirous of sounding out random opinions.
We spoke for approximately 15 mins, within which I offerred my ten cents worth , briefly as follows...
" SYC and Co appear to be an exceptional group who have achieved spectacular progress.
However, if you look back 12 months and review the stream of announcements, the team has continued to kick goal after goal... yet the share price lingers towards 50% of where it was 12 months ago. I dont know if this is the reason why you are canvassing me at this point in time, but I attribute this stupid scenario to the illogical market that has been in place for approximately 10 or more years. There is no logical explanation I can offer and I sympathize with SYC and Co. Anyone who had stumbled onto PTX's chart and had not heard of the Company would simply assume it is a failure and would not even want to investigate further..... etc... etc."
We ended the conversation with confirming I would be hearing from them (REACH), in the future.Today my watchlist is a spectacular GREEN... except for PTX... reinforcing my sentiments to him.
I assume others have been contacted by REACH ...
Question:
What is your take on this exercise?

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I, and several others that I know got the same phone call & think it is just REACH pushing the SPP in order to avoid an undersubscription.

Having the underwriter ring individual share-holders to pump participation is quite common in Cap.raisings of this nature & is not an unusual practice.

Hopefully when this SPP is out of the way the SP will resume progress favorably

PTX Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
12 Upvote

0 Great analysis

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Last 4.6¢		Change -0.004(8.00%)		Mkt cap ! $37.04M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.5¢	$27.48K	578.7K

Buyers (Bids)

No.	Vol.	Price($)
1	49107	4.6¢

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Price($)	Vol.	No.
4.7¢	100000	1

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2	49424	0.045
2	40000	0.044
4	301904	0.042
7	399000	0.041

Price($)	Vol.	No.
0.047	100000	1
0.048	2664	1
0.050	177119	2
0.051	277227	2
0.052	10500	1

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PTX (ASX) Chart

I, and several others that I know got the same phone call &...

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