I expect that Prima will be well above the 'micro cap' level by the time 4 months before the release of the stage III results are released. They've only just recruited their first patient.
Market cap at Fridays close of .20 is $213M AUD (USD 225M) which is 3/4 of the way to $300M, and 1/4 of the way to the $1B mark. If it hits the 40c mark that many are predicting after the NASDAQ listing, they will be well above the microcap level. The research quoted 2 out of 11 positive results for the mid tier ($300M to $1B).
If you want to read that article like a form guide, Prima are at about 5 to 1 to hit the big time, maybe a bit less coz they might not get to the $300M mark first. The returns will be much better than $1 per share if the phase III trial is successful.
- Forums
- ASX - By Stock
- IMM
- break the dendron tie
break the dendron tie, page-7
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
Add IMM (ASX) to my watchlist
|
|||||
Last
35.5¢ |
Change
0.060(20.3%) |
Mkt cap ! $515.6M |
Open | High | Low | Value | Volume |
36.0¢ | 37.5¢ | 33.5¢ | $6.427M | 18.03M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 133736 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.355 |
2 | 9500 | 0.350 |
4 | 199315 | 0.345 |
10 | 84868 | 0.340 |
2 | 10985 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 96182 | 4 |
0.365 | 81517 | 4 |
0.370 | 150545 | 8 |
0.375 | 156434 | 4 |
0.380 | 167642 | 11 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
IMM (ASX) Chart |