NZ Trader,
IMO what is clear is Elanco option is awhile away especially since they will most likely see full results 6-9months down the track from today.
I think, how this plays out now is front office should*** give a update of trials sometime before end of year, thereby triggering the 6month option for Elanco.
If I am not mistaken Elanco will have 6months to "exercise their right", after these 'intial' results in other words "hands of off PharmAust everyone"
Thereafter they have another 6 months to negotiate financial terms, eg-royalty, upfront fee
Of course the Co needs to get a wriggle on and recruit those canines first, I am very surprised this hasn't been planned before or at least trying to source the dogs many months ago
anyhow I am happy with the update and agree with user ThePig, this update should have occurred many weeks ago.
perhaps they didn't envision problems on the recruitment front
regarding share price, I expect this and interest to slowly increase again over coming weeks heading into December
GL SHs
- Forums
- ASX - By Stock
- PAA
- Ann: Progress in Recruitment for Phase II Trial in Dogs
Ann: Progress in Recruitment for Phase II Trial in Dogs, page-22
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAA (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.69M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7870 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 464807 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7870 | 0.170 |
3 | 169776 | 0.165 |
6 | 273437 | 0.160 |
9 | 701734 | 0.155 |
5 | 147993 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 464807 | 8 |
0.175 | 2114 | 1 |
0.180 | 166580 | 4 |
0.185 | 210000 | 5 |
0.190 | 668702 | 6 |
Last trade - 09.41am 18/09/2024 (20 minute delay) ? |
Featured News
PAA (ASX) Chart |
Day chart unavailable