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6.90%

2.7¢ adalta limited

30 days or 60 days it won’t matter. Management will time the...

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rogerdat

6,346 Posts.

434

10/03/24

13:19

Post #: 72831563
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Originally posted by Beno77 ↑

Depends when they started the conversation and how competitive potential partners are for securing this “First in class” drug. TO confirmed conversation has been on going for years. The questions posed for phase 2 extension studies which were answered may have come through our advisory board. Look at who they connected to, may offer some idea who is the 3 from top 20 big phama’s taking interest at the moment…..or might not

Scientific due diligence is obviously advanced and has been ongoing. Financial due diligence would run parallel and then there after.

I do agree 1 month very unlikely. 10 weeks maybe. Allowing a few board meeting cycles. Near term has been stated multiple times but this is biotechnology and near term can be at snails pace.

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30 days or 60 days it won’t matter.

Management will time the deal to ensure oppie exercise.

1AD Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change -0.002(6.90%)		Mkt cap ! $14.38M

Open	High	Low	Value	Volume
2.8¢	2.9¢	2.7¢	$9.445K	348.8K

Buyers (Bids)

No.	Vol.	Price($)
1	21405	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	681148	3

View Market Depth

No.	Vol.	Price($)
1	21405	0.028
3	488002	0.027
2	177000	0.026
3	400082	0.025
2	46000	0.024

Price($)	Vol.	No.
0.029	681148	3
0.030	500000	1
0.031	17039	2
0.032	54121	1
0.034	27782	1

Last trade - 13.13pm 03/05/2024 (20 minute delay)


Last 2.7¢			Change -0.002 ( 3.57 %)
Open	High		Low	Volume
2.7¢	2.7¢		2.7¢	269805
Last updated 13.13pm 03/05/2024 ?

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