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7.9¢ percheron therapeutics limited

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1,869 Posts.

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18/11/20

20:46

Post #: 48971339
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Originally posted by dalts66: ↑

Gday E. Its an Australian Biotech, and like most its value wont be reflected until a huge hammer falls. There was a significant holder (AEF) which would offload shares whenever this tried to run. Effectively capping it. It looks like they have sold down the majority of their holdings, so this will hopefully stop.
A lot has happened the ANP recently. Take a look at their MOST recent announcement, page 20 I think it is, shows a timeline. So far, they have been pretty good hitting these targets. Also look at the RPDD from the FDA, and ODD from both FDA and EMA. Plans are for a Phase 2b trial in Europe next year may be only trial needed to get this to market. So plenty of upside here, if all goes well.
The market cap does seem very cheap for the potential with ANP. There are some very smart contributors to the ANP threads, well worth the time to take a look.

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Thanks Dalts, this is going on watchlist for sure I will do research myself as well. Take care.

ANP Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 7.9¢		Change -0.002(2.47%)		Mkt cap ! $81.90M

Open	High	Low	Value	Volume
8.0¢	8.1¢	7.8¢	$1.034M	12.98M

Buyers (Bids)

No.	Vol.	Price($)
1	349999	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	305419	1

View Market Depth

No.	Vol.	Price($)
1	349999	0.079
13	925066	0.078
11	938445	0.077
6	776200	0.076
12	1232581	0.075

Price($)	Vol.	No.
0.080	305419	1
0.081	550144	3
0.082	599880	3
0.084	400000	1
0.085	40000	1

Last trade - 16.10pm 28/10/2024 (20 minute delay)

PER (ASX) Chart