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10.0¢ percheron therapeutics limited

Im guessing only about half a million dollars traded around 8c....

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RYNZN

3,173 Posts.

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28/08/24

08:55

Post #: 75406912
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Originally posted by RYNZN: ↑

Dimerix had their EU deal done before interim ph3 read out showed efficacy... and their ph2 results tanked, so ph3 is simply a big bet that results will improve due to longer time of dosing. They still dont know how good their drug is as the trial is blinded, hence its low mc of just a couple hundred.

if dimerix can get a solid partner before real data why cant we, with a solid data history across multiple indications.

A low $10m upfront isnt much risk for big money pharm (as per dimerix). Risk either way; lose 10-20m now in the unlikely event results are somehow entirely diff from all previous studies, and are a disaster. Or wait and risk paying an extra 20m or much much more due to hungrier competition if results are as expected, or better.

i dont know why we're trading around 8c, but is it so much volume one could use it to fund a cr? Dont think so.

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Im guessing only about half a million dollars traded around 8c. Unless we're raising just a few million (which I have no issue with being so small) I dont think a cr is comming.

PER Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.0¢		Change -0.005(4.76%)		Mkt cap ! $94.66M

Open	High	Low	Value	Volume
10.5¢	10.5¢	9.8¢	$49.69K	491.6K

Buyers (Bids)

No.	Vol.	Price($)
2	104424	9.9¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	20525	1

View Market Depth

No.	Vol.	Price($)
2	104424	0.099
1	8491	0.098
1	30927	0.097
1	10004	0.096
2	142157	0.095

Price($)	Vol.	No.
0.100	20525	1
0.105	112730	5
0.110	410746	6
0.115	740186	7
0.120	472926	11

Last trade - 12.31pm 04/10/2024 (20 minute delay)

PER (ASX) Chart