Fantastic webinar today! My takeaways:
- $7m cash on hand + $7m to come (proceeds from Manitol sales, R&D Tax refund, and $1m security refund). So fully funded until mid-2025.
- 4 x phase 2 trials fully funded during this time!
- 60% held by institutional investors
- 2 x funds increased their holding from 12 to 20% and 8 to 19% respectively in the recent CR
- Recent CR fully subscribed raised $10m at 2.2c (these companies do much better due diligence than I'm capable of)
- These institutions don't do their Due Diligence just by having a chat! They go in hard and do a lot of work before investing
- The science on the preclinical work on myelofibrosis treatment has been published in Nature -high standard of results required to be able to get into this science publication
- 3 x companies have exited with promising late Phase 2 or Phase 3 data (where SNT will be by end of year/early next year) for prices like $1.7b USD!
- SNT's drug is SHOWN to reduce fibrosis - Phase 2a study should reaffirm & build on already positive results - will really drive interest in the stock
- Study in scar treatment showing amazing results
- Other trials being funded by Parkinsons UK and also MRMF (they don't want to throw away money!)
- In-house products (not licensed) - 10 years in the making - multiple collaborations across the world
It's a thumb's up from me. Very promising 6-12 months!
- Forums
- ASX - By Stock
- SNT
- Ann: SNT to present in MST Access Hidden Gems Webinar
Ann: SNT to present in MST Access Hidden Gems Webinar, page-28
-
-
- There are more pages in this discussion • 27 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 SNT (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.6¢ |
Change
0.002(4.55%) |
Mkt cap ! $54.92M |
Open | High | Low | Value | Volume |
4.4¢ | 5.0¢ | 4.4¢ | $137.0K | 2.933M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 152520 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 13000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 124972 | 0.046 |
2 | 153400 | 0.045 |
1 | 100000 | 0.044 |
1 | 200000 | 0.043 |
5 | 1043537 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 146460 | 1 |
0.056 | 159576 | 1 |
0.058 | 17258 | 1 |
0.059 | 305514 | 2 |
0.060 | 20000 | 1 |
Last trade - 15.53pm 16/07/2024 (20 minute delay) ? |
Featured News
SNT (ASX) Chart |