ATX 1.64% 6.2¢ amplia therapeutics limited

Biotech Appreciation Then Decline

  1. 54 Posts.
    I just completed a regression analysis of the over 50 biotechnology parcels that I have purchased over the past several years. In 94% of all cases, every parcel appreciated prior to news of trial results, etc. being reported to the market place. In addition, 67% declined after news was reported (either positive or negative trial results). As I and Gassy have stated on numerous occasions, Innate is not trading any where near where it should be at this time prior to trial results. We have seen a steady decline in parcel pricing from around A$.76/share to A$.63/share (20% decline in less than 2 weeks). I challenge anyone here to convince me that this is not bad news coming. It appears that we may have been taken to the pond on this one!
 
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Last
6.2¢
Change
0.001(1.64%)
Mkt cap ! $16.84M
Open High Low Value Volume
6.1¢ 6.4¢ 6.1¢ $2.155K 35.07K

Buyers (Bids)

No. Vol. Price($)
1 59863 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 67722 1
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Last trade - 15.45pm 28/06/2024 (20 minute delay) ?
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