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8.0¢ invex therapeutics ltd

Ann: Invex Granted Type C Meeting with FDA, page-56

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hashtagyolo

6,262 Posts.

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14/05/21

14:03

Post #: 53180291
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Originally posted by arkangel256: ↑

I’m just hoping that management won’t capital raise if the FDA comes back with two trials. That plus the fact that a whole slab of shares come out of escrow in the next month worries me.

I think the FDA hasn’t realised the anger they will invoke from American patients if European patients get Presendin several years before them.

Young, female patients suffering from terrible headaches and losing their vision, whilst the EU has a safe and effective drug because they backed an orphan drug developer. I would think several patients will self fund it without reimbursement...

Invex needs to do a better job of harnessing their patient voices to start the advocating to the FDA if the suggested trials don’t go their way.

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Where do these escrow shares go? Who picks them up?

Are they 'in the money'? Like an option... or does not work like that and are basically free money as soon as they are released?

IXC Price at posting: 65.0¢ Sentiment: None Disclosure: Not Held
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Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $6.012M

Open	High	Low	Value	Volume
8.0¢	8.0¢	8.0¢	$312	3.9K

Buyers (Bids)

No.	Vol.	Price($)
1	2	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.9¢	5000	1

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No.	Vol.	Price($)
1	2	0.082
1	84879	0.076
1	500000	0.040
1	70001	0.036
1	100001	0.035

Price($)	Vol.	No.
0.099	5000	1
0.100	3500	1
0.150	713	1
0.000	0	0
0.000	0	0

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