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3.33%

$6.67 clarity pharmaceuticals ltd

Just about every punter on HC thinks their favourite biotech...

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daveg

2,219 Posts.

205

24/04/24

07:54

Post #: 73487561
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Originally posted by longreach: ↑

"For me the main worry buying in now would be whether the company be around for 12 months to get CGT discount "

I'm sure you remarked this in jest, and I smiled just thinking about it. From my point of view I'd gladly accept a very large offer, even if it was taxable at the usual rates.

But getting back to your implied point, of a takeover within the next 12 months:

I did read somewhere (I don't recall whether it was just gossip on HC, or a more reliable source) that AT's position is that he acknowledges the likelihood of CU6 being taken out in due course. But if the trials progress with the same degree of positivity for prostrate cancer detection and therapy, and now with another $120 million +/- in the kitty, I'd be surprised if they didn't advance the R & D onto breast cancer as was initially planned in the Prospectus.

I'm sure there are many more informed commentators on this - anyone?

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Just about every punter on HC thinks their favourite biotech stock will be taken over within 12-18 months

CU6 Price at posting: $2.52 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.67		Change -0.230(3.33%)		Mkt cap ! $2.103B

Open	High	Low	Value	Volume
$6.85	$6.91	$6.65	$6.534M	965.9K

Buyers (Bids)

No.	Vol.	Price($)
4	12427	$6.67

Sellers (Offers)

Price($)	Vol.	No.
$6.68	38	2

View Market Depth

No.	Vol.	Price($)
4	12427	6.670
5	8178	6.650
5	8956	6.640
2	23951	6.630
1	300	6.620

Price($)	Vol.	No.
6.680	38	2
6.700	3394	3
6.740	18697	1
6.750	2000	1
6.770	8551	3

Last trade - 16.10pm 29/08/2024 (20 minute delay)

CU6 (ASX) Chart