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4.00%

12.0¢ arovella therapeutics limited

I reckon we may be close to being in the green for the next 4c.

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abitlikeme

7,192 Posts.

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15/11/18

09:52

Post #: 36512459
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Originally posted by Buckland ↑

Remember at the moment SUD dont have any approval for any of its products - Teva have not yet been given approval for Zolpimist (submitted last December so we should get some news before end of the year - EddingPharma are yet to submit an application - SUD have not submitted a application (they keep talking about it but now close two years late with their planned date).

So far no other Zolpimist deals - a lot of spin about other deals being close but nothing actually reported.

Cash they only had around $2.5m cash left at the end of the last quarter - they only expect to spend around $570k in the current quarter - we should get around $400K from the SUD 001 deal and February should see a tax return - so if they can keep to planned spend and get the income from SUD 001 deal and maybe a milestone payment from Teva we could end year with around $2.2m

So we a focus on spending we may not need a cr for at least 9 to 12 months

But lets see what the actual spend is when we get the next 4C

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I reckon we may be close to being in the green for the next 4c.

SUD Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.0¢		Change -0.005(4.00%)		Mkt cap ! $126.0M

Open	High	Low	Value	Volume
12.5¢	13.0¢	12.0¢	$92.22K	749.2K

Buyers (Bids)

No.	Vol.	Price($)
10	370550	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	134745	7

View Market Depth

No.	Vol.	Price($)
10	370550	0.120
11	565800	0.115
9	457218	0.110
9	401501	0.105
17	622930	0.100

Price($)	Vol.	No.
0.125	134745	7
0.130	978328	10
0.135	2209145	7
0.140	835388	13
0.145	28615	2

Last trade - 16.10pm 10/05/2024 (20 minute delay)


Last 12.5¢			Change -0.005 ( 0.00 %)
Open	High		Low	Volume
12.5¢	12.5¢		12.5¢	104495
Last updated 14.23pm 10/05/2024 ?

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