Maybe Sandoz was slipped some unreleased trial info? But also quite possibly NOT. Sandoz obviously realise the huge upside if insomnia trial is successful. USD3m is a small price to pay for their prime seat at the table if the trial is successful and that could be enough to justify the upfront $$$ if they think there's at least a moderate chance of the trial being successful.
I'm working on that basis too (i.e. risk/reward equation) only with a bit less than USD3m ...
Maybe Sandoz was slipped some unreleased trial info? But also...
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $14.28M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $18.72K | 4.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 21037981 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 25912353 | 19 |
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| Last trade - 13.21pm 18/06/2025 (20 minute delay) ? |
| AVE (ASX) Chart |