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$6.37 clarity pharmaceuticals ltd

Thanks for sharing this. Makes total sense.

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ma420

6,790 Posts.

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23/07/24

23:28

Post #: 74883001
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Originally posted by 1mate444: ↑

hi Ma420

AT has made it clear a number of times (at the AGM,and conversations) that they have a small team of 40-50 employees.
they do not want to go and grow the team, expand all sorts of programs. It has been their objective to focus on one, do it really well, fast and accurate, then another.
Each diagnostic trial, each therapy trial is $10’s of millions as you know.
so the mantra at the BOD level is focus on one.
not two
nor three. Just be the best at 1.

I think it is forgotten how much work and capital is required to get another product completed.
This is not to say he will not announce a further fully funded trial in another indication soon. He may.

as for other commentary around going into production and distribution. Zero chance. CU6 is set up as a plug and play. They will have to do something really bad not to sell this Co by Christmas. As they are only focused on 1, that is not probable.
best of luck to all.

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Thanks for sharing this. Makes total sense.

CU6 Price at posting: $6.37 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.37		Change 0.230(3.75%)		Mkt cap ! $1.985B

Open	High	Low	Value	Volume
$6.20	$6.50	$6.19	$14.58M	2.272M

Buyers (Bids)

No.	Vol.	Price($)
1	10796	$6.37

Sellers (Offers)

Price($)	Vol.	No.
$6.41	6266	1

View Market Depth

No.	Vol.	Price($)
1	10796	6.370
3	13481	6.360
3	2900	6.350
1	1000	6.340
3	2321	6.330

Price($)	Vol.	No.
6.410	6266	1
6.450	3481	2
6.500	49781	4
6.530	4500	1
6.580	2000	1

Last trade - 16.10pm 23/07/2024 (20 minute delay)

CU6 (ASX) Chart

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