PER 0.00% 7.7¢ percheron therapeutics limited

A couple of replies. It cannot be said that Diamond is on a high...

  1. 835 Posts.
    lightbulb Created with Sketch. 745
    A couple of replies.
    It cannot be said that Diamond is on a high income as a CEO.
    I am not aware that Diamond has little regard for the children, or the shareholders.
    At the vote, some voted for, some voted against, opinions will always vary, especially on unusual proposals.
    I said generically that it wont matter who the CEO is if the products are developed, it could be a random coal miner, it wouldn't matter too much, the Board has oversight of ANP, and the products if brought to fruition would sell themselves anyway.
    The true value of ANP will not be seen until product commercialisation.
    We have had catalysts, and our share price has quadrupled in recent times.

    The difficulty with ANP is they are trying to utilise an under-explored mechanism, that's needs development to test conjecture on its benefits, and there are no guarantees where those pathways lead only sophisticated theories, and those theories are all heading in the right direction, but money chases derisked investment often, and this is somewhat derisked, but not fully, so that leaves us with a smaller part of the investment community, those with an appetite and tolerance and patience for potential, but with risk.
    Any true value will come when risk is gone.
    The common denominator in ANP over the last nearly 20 years is risk, massive amounts of it, based around being an R&D laboratory that people either have some faith and hope in, or dont.
    Along the way many traders have entered the stock, hoping to get in , get rich and get out, and have become stuck in it, much to their displeasure. Who specifically these people are i cannot say, but those who believe they are on the right track and have made a speculative investment, as opposed to a speculative trade, are reasonably patient and comfortable.

    It is not surprising there can be and are different points of view around the life and travels of ANP.
 
watchlist Created with Sketch. Add PER (ASX) to my watchlist
(20min delay)
Last
7.7¢
Change
0.000(0.00%)
Mkt cap ! $69.41M
Open High Low Value Volume
7.7¢ 8.0¢ 7.7¢ $134.7K 1.732M

Buyers (Bids)

No. Vol. Price($)
1 99278 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 122500 1
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
7.7¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
7.9¢ 8.0¢ 7.7¢ 70281
Last updated 15.51pm 07/05/2024 ?
PER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.