PTX prescient therapeutics limited

1.89%

5.2¢

Awesome post, I have to agree with you, just entering phase 2...

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Scottyhilux

276 Posts.

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28/12/24

17:06

Post #: 77204299
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Originally posted by Un1qu3Nam3: ↑

With the addition of PTX to the very small list of companies approved by the FDA for Phase II trials, PTX will automatically go on the radar of hordes of professional companies and investors that focus exclusively on biotech opportunities for investment. One famous example most are probably aware of is Martin Shkreli, aka the Pharma Bro. He made $Billions in pharma before falling afoul of TPTB and they sent him to jail on a technical for mugging congress over health care hypocrisy.

Go watch his channel and see. He does endless analysis on (mostly) pharma stocks that you can watch him do live and he is one of 1000's of these types. https://www.youtube.com/@TheShkreliPill

So AI, algos, old hands and junior researchers all around the planet will see "PTX" pop up on this very short list and go, "hmm..., what up with this company?" And they'll parse through all the data with the company using the equivalent of an atomic, x-ray laser looking for red flags and explanations why it's such a market cap titch and frankly, the reasons they'll find will probably be more sophisticated than I can provide but I suspect the consensus will be a combination of poor jurisdiction (ex-USA), low capital base, future funding requirements and limited market size. All the ephemeral reasons that give a stock a huge potential gain in earnings.

The news only broke right at the tail end of this year in the doldrum period. Worst. timing. ever. Wait till they get back from their holidays in the Hamptons and fire up their PC's. 60% of companies that go into Phase II trails successfully make it to Phase III trials. That's considered bad odds but for investors? Compare that to how many countless miners go broke every year on the ASX. And none of them have the upside that a biotech like PTX has.

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Awesome post, I have to agree with you, just entering phase 2 and
knowing how good our phase 1 was, we all know that some big pharmaceutical company
would love to snap us up for who knows how much.

I would rather see PTX remain Australian owned and maybe do a licensing deal like Neuren Did with the USA which would give us up front money to continue,however it’s probably a bit early for that just yet.

Confidence is definitely getting stronger in PTX now

PTX Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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Awesome post, I have to agree with you, just entering phase 2...

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

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Iberian expansion: Megado turns to Europe with Spanish copper mines

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Clinuvel shares dip, even as CEO comes back from temp leave

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

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Awesome post, I have to agree with you, just entering phase 2...

Top Stories

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Iberian expansion: Megado turns to Europe with Spanish copper mines

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

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Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

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Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

Zip's stunning comeback: Is this the start of a $14 revival?

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Buyers (Bids)

Sellers (Offers)

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