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7.0¢ percheron therapeutics limited

I think 1. Is incorrect. My understanding is co will need more...

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WelshBuffett

1,947 Posts.

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24/07/23

09:35

Post #: 68939403
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Originally posted by Atomboi: ↑

I was just trying to correct/get a re-think on the way EV was being calculated. I am not focused on the EV personally.

For me, EV / MC is a piece of the puzzle for investors, as smart investors will get nervous when funds in the bank are short.

That said, I am focused on key drivers / overall picture:

1. we are funded to the end of these trails
2. we have timelines (around this time next year for the news from the trails) - July 2024 approx
3. the drug works by itself and/or in combination with other drugs/therapies
4. fast track approval as a break through drug is possible once the trials complete and confirm the findings in previous trials
5. potential in both stages of DMD - ambulatory and non ambulatory boys
6. inflammation is the key cause of so much! Potentially can be used on other illnesses - increasing the ability to earn dollars. DMD patients are estimated to need to spend $200K per year per person.

I wish I could fast forward two years into the future!

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I think 1. Is incorrect. My understanding is co will need more cash to complete trials. So a further CR to follow

ANP Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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