The big question in all honesty is how the Nasdaq will reacts to the news.
If it follows what happened to GTG (GENE) or PRR (PBMD) when they released good news recently, then trading in the USA will be very heavy today and the share price could easily go up 100%+ (I think GENE went up 300%+ & PBMD went up 300% only 2 weeks ago and was up 500% at one point during the day)
That's where the significant share trading takes place through PRAN (1 ADR = 10 PBT shares).
Its just a case of how significantly they rate the good news, which is really hard to judge at this moment in time. If it had been any other day of the week out of hours trading on the Nasdaq would have been a reasonable indicator.
So only time will tell.
LOTM
Ann: Approval of PBT2 Orphan Designation for Huntingtons Disease, page-6
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Mkt cap ! $26.22M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $9.051K | 1.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 51 | 61886501 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.5¢ | 29700836 | 14 |
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| Last trade - 10.23am 04/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 175000 | ||
| Last updated 14.19pm 04/06/2024 ? | |||||
| ATH (ASX) Chart |