Sammy,
I note Sarepta's share price down another 12% overnight...pressure is on!
Still have market cap AU$9 Billion...and cash of AU$2.8 Billion.
One would think their CR of US$500m last week would be related to investment / licensing / acquisition of complimentary assets either for DMD or LGMD ???
It would either be ANP or Capricor...the other players in DMD would fit imo.
Any deal of $300m to $500m upfront would see floor price of $1.5 for ANP.
HOWEVER - if they announce plans for MS Phase 2B...then Itsa's $2 by Christmas comes into play.
Will we see the PLATFORM strategy playout in the next 6 months?
I think so.
.
Chart, page-4125
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Last
6.8¢ |
Change
0.004(6.25%) |
Mkt cap ! $61.30M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 7.1¢ | 6.5¢ | $198.2K | 2.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14845 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
0.004 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 7.1¢ | 6.6¢ | 295714 | ||
| Last updated 15.58pm 26/04/2024 ? | |||||
| PER (ASX) Chart |