Pleasing to see a long term holder coming out of the woodwork and good first up post.
There was very little volume in the 2 cent range so unfortunate but not surprising you missed out in the 2's.
Looked like a nervous retail investor or two dumping small parcels at whatever price they could get a few weeks back.
It literally dropped from 2.5 cents to 2 cents on 15,000 shares ($300).
Same on the way up - less than $10,000 worth of buys took it back into the 3 cent range and sellers ran for the hills as soon as demand appeared.
Regarding news, the biggest one is funding. We've been informed it will be either a funding partner if it's the right deal, or otherwise most likely a rights issue.
If it's the former, the CEO in a recent interview stated it could be a catalyst for a share price rerate; otherwise my guess is we'll be hovering somewhere under 5 cents until a rights issue to get the trials progressing.
Once funding is behind us, there should be a fair bit of newsflow to follow.
In probable order,
- Ethics submission for IRX 211 Phase 2
- First patient in for IRX 211 Phase 2
- Ethics submission for IRX 616a Phase 1
- IRX 616a Phase 1
- IND re-submission with FDA for IRX 616a
- IND submission with FDA for IRX 211
Hope this helps and welcome onboard!
GLTAH
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Pleasing to see a long term holder coming out of the woodwork...
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Last
2.5¢ |
Change
-0.003(10.7%) |
Mkt cap ! $4.744M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $123 | 4.911K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 53320 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22 | 0.025 |
1 | 253032 | 0.020 |
1 | 100099 | 0.010 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 53320 | 1 |
0.030 | 4400 | 1 |
0.033 | 431682 | 2 |
0.036 | 130000 | 1 |
0.040 | 58388 | 1 |
Last trade - 10.24am 04/10/2024 (20 minute delay) ? |
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