PTX 0.00% 4.2¢ prescient therapeutics limited

Ann: Trading Halt, page-7

  1. 5,915 Posts.
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    I have previously said this SPP would be oversubscribed, but we need to wait and see the actual results - it's possible SPP is undersubscribed but wholesale coming to the party to get more than PTX originally intended. It is also possible SPP is oversubscribed AND wholesale getting a look in. All good if that happens.

    There's been some bigger interest in PTX for a while so wholesale might kick in a significant chunk of change here. The overall funding could be significant, though I am curious to see if we get any information on any significant wholesale interest and if there are any names. Can't help thinking there might be some interest from other cancer players or corporates playing in this space.

    Bottom line is we are in for a rough 12 months because the FED is not backing off, so if we get through this knowing we have a couple of years of cash in the bank, its looking very good
 
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