ILA 0.00% 5.6¢ island pharmaceuticals limited

Relax.. It will come.. They would be organising the shortfall...

  1. 820 Posts.
    lightbulb Created with Sketch. 192
    Relax.. It will come.. They would be organising the shortfall with the subunderwriting etc.. Go and do a Black Scholes on the value of the opton and maybe some reading before you comment on the shareprice. This is pretty normal given the option has a value and some investors would have sold heads to take the capital loss and then carried with the new shares + oppies.. And others will sell the heads and free carry the oppies. They are all investment strategies..

    I bought into the stock for Dengue and that story hasnt changed except now they have funding to proceed and if they are successful in each step should have additional funding with upside for the investors in this round. .But they have to make progress with the drug to realise that.. So lets wait and see.
 
watchlist Created with Sketch. Add ILA (ASX) to my watchlist
(20min delay)
Last
5.6¢
Change
0.000(0.00%)
Mkt cap ! $6.373M
Open High Low Value Volume
5.6¢ 5.6¢ 5.6¢ $1.521K 27.16K

Buyers (Bids)

No. Vol. Price($)
1 100000 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 83969 1
View Market Depth
Last trade - 10.50am 06/05/2024 (20 minute delay) ?
Last
5.6¢
  Change
0.000 ( 1.82 %)
Open High Low Volume
5.7¢ 5.7¢ 5.6¢ 87836
Last updated 10.50am 06/05/2024 ?
ILA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.