Last CR was @ 48c/share on 23/10/20 and prior to that, was 25/11/19. Both CRs to sophisticated investors, instos. The share price is now around 89c.
I can understand that retail shareholders got diluted as they could not participate in those CRs but the share price has doubled since as the business progressed. Perhaps, retail shareholders need a Share Purchase Plan(SPP) at next CR?
That Lab. generates about $3m p.a. which offsets a lot of the cash burn and hence, reduces the need for more CRs.
PIQ is a good biotech for long termers to hold in their portfolio, IMO.
Ann: Trading Halt, page-30
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Last
97.0¢ |
Change
-0.020(2.02%) |
Mkt cap ! $126.9M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | 99.0¢ | 97.0¢ | $81.47K | 83.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21193 | 97.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 2137 | 2 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
97.0¢ |
Change
-0.020 ( 2.02 %) |
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| Open | High | Low | Volume | ||
| 98.5¢ | 98.5¢ | 97.0¢ | 14606 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| PIQ (ASX) Chart |