PER 5.00% 8.4¢ percheron therapeutics limited

Ann: Trading Halt, page-133

  1. 300 Posts.
    lightbulb Created with Sketch. 833
    @samfiodiving

    Funds raised get ANP to the end of the trial AND the 6 month open label extension (OLE).

    I heard SPP will allow shareholders to get some but quite limited. Maybe $2m max. Do the math. Even 500 shareholders means $4k each.

    Sam.. you will find my former price targets were a high and low range based on probability. $40 was a 1% chance. My high low was $2 to $40 and that was when we had approx 450m shares on issue. Now we have approx 900m. NEU is the template here as management have stated.

    NEU were $250m during recruitment. Hit $500m mkt cap on completion of recruitment. And it hit $1bn mkt cap before results announced. They did have a deal with Acadia and ANP need to do a deal as well to hit those lofty heights pre results. I do think it is a high probability. We will see.

    Bullish case - Terminal sales of ATL1102 could be as high as US$8 billion per year assuming a market penetration of 45% of all DMD boys in Europe and USA (20,000 boys out of a possible 44,000) with a sale price of US$400k. Sarepta drugs sell for US$750k. NEU sells for US$300k.

    All guess work at the moment but going to be an interesting 12 months.
 
watchlist Created with Sketch. Add PER (ASX) to my watchlist
(20min delay)
Last
8.4¢
Change
0.004(5.00%)
Mkt cap ! $75.72M
Open High Low Value Volume
8.0¢ 8.4¢ 8.0¢ $26.89K 328.0K

Buyers (Bids)

No. Vol. Price($)
1 9602 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 58051 1
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
PER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.