CUV 0.60% $15.16 clinuvel pharmaceuticals limited

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  1. 765 Posts.
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    Interesting looking at PME doing another buyback. I think it's only up to around $1.5m? I think the SP is pretty well prices at $90 let alone $110? Good luck to holders though. The question for me in these circumstances is whether that money could be utilised better in increased staff, technology R&D etc given the SP is pretty healthy any way. I think CUV feels their cash could be used differently at this time - of course as we know they are tending to accumulate and have been conservative. I think a buyback should have a more significant effect at CUV vs PME - it seemingly stopped the slide at PME. PW finally indicated it might be possible but who knows what plans they have for the money - there should be a bigger spend on trials and regulatory affairs along with the OTC's in the next 12 months. Maybe more clarity on the use of funds tomorrow? Bit of relief I guess over at NEU. Will regulators take action if the short report is unfounded? I doubt it.
 
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Last
$15.16
Change
0.090(0.60%)
Mkt cap ! $759.1M
Open High Low Value Volume
$15.12 $15.44 $15.02 $1.063M 70.10K

Buyers (Bids)

No. Vol. Price($)
1 126 $15.14
 

Sellers (Offers)

Price($) Vol. No.
$15.27 764 3
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Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
CUV (ASX) Chart
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