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2.60%

75.0¢ argenica therapeutics limited

I don't think a TO will happen until at least phase 2 completion...

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Topboy1

474 Posts.

18

05/04/23

08:35

Post #: 67139619
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Originally posted by Aki23: ↑

Hi All, I have been researching this stock,
I dont have much experience in healthcare stocks, but this looks like this could have some good potential.

I have few questions if someone could help,

First, can someone please explain from experience in this space what is the likelihood of a deal (license/takeover ) being done after phase 1 or do companies need to see phase 2 data before showing some interest?

Can someone please post some links or past deals in the stroke space in order for me to understand what the landscape looks like. I couldn't find much, hence the request.

Secondly, I dont see this stock having much of a re-rating when it completed its phase 1 (it hit $1 before it completed phase 1). In most cases healthcare stocks should pass their all time highs, I am surprised that this didn't have much of a movement. Any guesses why?

Lastly what is the likelihood of a cap raise ?

Thanks
Aki.

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I don't think a TO will happen until at least phase 2 completion and a CR is possible for phase 2! I'm new to biotechs but i suspect a rerate will happen as AGN progresses to phase 2 with good results.

AGN Price at posting: 45.0¢ Sentiment: None Disclosure: Held
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Last 75.0¢		Change -0.020(2.60%)		Mkt cap ! $96.06M

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77.0¢	77.0¢	75.0¢	$78.71K	104.0K

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Price($)	Vol.	No.
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