CU6 clarity pharmaceuticals ltd

CU6 - ASX Charts, page-2294

  1. 5,079 Posts.
    lightbulb Created with Sketch. 2044
    Whilst I'd love this to happen IMO CU6 has been targeted simply because it is pre-revenue, with no immediate likelihood of its products being commercialised in the next 12 months.

    BUT the very fact its got 3 fast track designations, and a possible quicker path to commerciality with the new head of FDA, let alone its diagnostic product Cu64 (at the very least) showing signs of Best In Class, PLUS enviable safety outcomes, PLUS past multi billion takeovers of clearly inferior radiopharmas . . .

    "I think though with CU6 we are looking at various groups of short players both pre and post 7th April shorts. For those pre 7th I have not looked too deeply other than market makers and index front runners. For those post 7th I have always considered the possibility that newly acquired shorts were largely positioning by both local and global institutions to insulate their client base from an assessed rise in risk factors"

    I agree that 7th April was likely a turning point for global investment sentiment, particularly for the large US Investment Banks - and thus its likely that the Shorters may have become emboldened from that date, purely by the spur that trumpian tariff economics would continue to cause uncertainty for as long as trump had a say in US politics. Whether the Shorters are exactly the same set before and after April 7 us "HC punters " (sic, lol).
    So using 7th April as a turning point we look at the Shorts:

    Up to and including 6th April.(last trading day 4th April, Friday): of 14.891 million Shorts. My estimate of Wtd Average Price of those Shorts :- $4.51.

    From 7th April to 7th May (last available Net Shorts data):-
    27.818 - 14.891 = 12.667 (My estimate of) Wtd Average Price of Shorts = $1.90.
    ie based on a Current Price of $2.56, those Shorts set from 7th April 2025 onwards out of the money (my estimate) $0.66 x 12.667 million ~ $8.36 million. That estimate could be out by maybe 10 - 20 % +/- depending on the real Wtd Ave Price Shorts have been set.

    In the overall context the total Shorts remain comfortably "in the money", but is it the same Shorters pre and post 7th April?
    Last edited by longreach: 14/05/25
 
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(20min delay)
Last
$2.17
Change
0.040(1.88%)
Mkt cap ! $684.7M
Open High Low Value Volume
$2.15 $2.18 $2.11 $402.9K 187.6K

Buyers (Bids)

No. Vol. Price($)
8 4093 $2.16
 

Sellers (Offers)

Price($) Vol. No.
$2.17 3954 6
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Last trade - 10.11am 25/06/2025 (20 minute delay) ?
CU6 (ASX) Chart
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