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$2.95 clarity pharmaceuticals ltd

So a US biotech which cancels a clinical trial early becomes in...

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IndexInvestor

8,254 Posts.

1360

28/03/24

12:17

Post #: 73102274
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Originally posted by Davisite: ↑

The US market is very concerned about cash runway - much more than the Australian market. You don't really get hit here in the Australian market unless you have less than 6 months of cash left, while in the US anything under 24 months of cash runway will damage your SP.

As I said previously this is a very good raise.

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So a US biotech which cancels a clinical trial early becomes in effect a cash box?

Last edited by IndexInvestor: 28/03/24

CU6 Price at posting: $2.78 Sentiment: Hold Disclosure: Held
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Last $2.95		Change 0.150(5.36%)		Mkt cap ! $919.9M

Open	High	Low	Value	Volume
$2.77	$2.99	$2.76	$1.464M	505.1K

Buyers (Bids)

No.	Vol.	Price($)
3	3457	$2.95

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Price($)	Vol.	No.
$2.96	485	2

View Market Depth

No.	Vol.	Price($)
3	3695	2.980
4	7669	2.970
4	13137	2.960
4	5451	2.950
4	7688	2.940

Price($)	Vol.	No.
2.990	22318	2
3.000	43520	10
3.010	21692	6
3.020	47209	5
3.030	3994	3

Last trade - 11.04am 01/05/2024 (20 minute delay)


Last $2.96			Change 0.150 ( 5.86 %)
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