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14.0%

4.9¢ prescient therapeutics limited

Ann: December 2016 Appendix 4C - Quarterly, page-4

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psych101

1,656 Posts.

198

25/01/17

18:30

Post #: 22142033
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Originally posted by maxter ↑

Agreed psych101. Way oversold but that seems to be the nature of the ASX beast. High emphasis on short term trading riding sentiment and announcements causing fluctuation in SP. Little emphasis on medium/long term investment in stocks at least untill they start paying a dividend.

PTXs also appears to have taken longer than expected to select the first patients for the current phase again detracting from or inconsistent with the trading mentality

Add to that that there seem to be a number of bio stocks attracting attention so PTX languishes out in the cold untill it gets some loving again.

What is interesting is the % of issued shares held by top 20 or the Board members. Also the slightest buying preasure causes positive price movement. Suggest very tightly held stock in my view.

And the accumulators will continue to do so forging immediate returns in the real expectation of a multi re rate in time. The Turtle and the Hare anality I'm thinking.

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Agree and as u imply, patience the key.
Baseline position now held.
You?

PTX Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 4.9¢		Change 0.006(14.0%)		Mkt cap ! $38.65M

Open	High	Low	Value	Volume
4.3¢	5.2¢	4.3¢	$200.8K	4.241M

Buyers (Bids)

No.	Vol.	Price($)
5	450206	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	35000	1

View Market Depth

No.	Vol.	Price($)
5	450206	0.049
2	499593	0.048
4	301164	0.047
2	55955	0.046
3	220000	0.045

Price($)	Vol.	No.
0.051	35000	1
0.052	205730	3
0.054	51093	1
0.055	225000	2
0.057	131000	1

Last trade - 16.10pm 22/08/2024 (20 minute delay)

PTX (ASX) Chart

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