PER 5.80% 7.3¢ percheron therapeutics limited

In the March 2020 covid crisis, it hit 2.9c Believe that -...

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    In the March 2020 covid crisis, it hit 2.9c

    Believe that - anything is possible when people run for the door & only want cash in their accounts

    (Not saying it will, but highlighting anything is possible if the spec market crashes)

    The other thing is that ANP is cum-raise. They will need 20m for the trial which is well telegraphed & everyone knows about it. However they were probably expecting a large SP appreciation in to mid year to do a CR around 20-30.

    Now its drifting lower & they still need the CR to launch the trial this year

    Longer it is left unfunded, lower it drifts as the CR is ever closer
    Last edited by Wise_One: 11/05/21
 
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