It's been discussed in previous discussions. For example, the average success rate at Phase 1 less than 10% but above 60% at Phase 3 (much higher due to confirmed safety and confirmed efficacy, albeit in a small, non- statistically significant sample).
The Advanz deal adds confidence re due diligence of Phase 2a and other matters.
If success was 100% likely, the SP would be above $1 now. Current price is an attractive risk-reward situation.
It's been discussed in previous discussions. For example, the...
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Last
34.0¢ |
Change
-0.005(1.45%) |
Mkt cap ! $186.8M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.5¢ | 33.5¢ | $1.194M | 3.480M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 181739 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 395705 | 4 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
34.0¢ |
Change
-0.005 ( 1.45 %) |
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| Open | High | Low | Volume | ||
| 35.0¢ | 35.5¢ | 33.5¢ | 1411237 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| DXB (ASX) Chart |