This is a good outcome and quite encouraging IMO.
As important as the cash is, equally important is the credibility of having another specialist biotech institutional investor come on board. It shows that people of their specialised understanding and experience have a belief in the future of PRR's product science.
Not too deep a discount to the current share price, considering a substantial placement.
K
Ann: Prima announces A$1.55m investment from Nyenburg, page-3
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Last
35.5¢ |
Change
0.060(20.3%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 33.5¢ | $6.427M | 18.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 133736 | 5 |
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| IMM (ASX) Chart |