PER 1.41% 7.0¢ percheron therapeutics limited

Ann: Receipt of R&D Tax Incentive payment, page-6

  1. 377 Posts.
    lightbulb Created with Sketch. 5
    I just want to see if it breaks below the 7 barrier. If it does, then I'm almost certain on two options.
    1. A very cheap T/O (nothing more than 15-20 cents)
    2. The SP will go below 6 cents by 31 Jan (assuming nothing big occurs, which then again tends to push the price down).

    This stock, till management changes, well at least MD is no longer MD, will remain a dud. Even if a rabbit is pulled out of the hat, after 13 odd years at the helm, the return, well the sp, would need to equate to $1.90ish for those who brought in at the start to break even. That's about a $350mil MC, and that ain't happening any time soon.


    Whilst this low does for some represent a good time to buy, for me, I think there's wee way for it to go towards hell. But that's just me
 
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