Andrewk65, do you seriously believe that Janssen would maneuver to:
- Promote a Phylogica capital raising by implying a deal was in the offing;
- String along the development, once the capital was in place; with the implication that:
- They will dump the project once the development has achieved milestones.
I have no doubt that Janssen is a serious partner and that their goals and objectives are more clearly understood by applying commercial logic:
- The EET is their delivery technology for an undisclosed payload;
- We do not know if the payload is a Phylomer or if it is a Janssen development - however, it does not really matter because the delivery technology is the really valuable thing (and currently, Phylogical owns this).
Valuing Phylogica depends on a deep understanding of the value of their technologies. Price action on the stock exchange is not a factor in the objective assesment of this technology.
The traders got on board to drive the price from about 1.5c to 3.8c. The traders took their profits. I see nothing fundamental in this little side show.
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $933.2M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 18.8¢ | $963.9K | 4.978M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2692 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 445208 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2692 | 0.190 |
5 | 135217 | 0.185 |
10 | 456952 | 0.180 |
5 | 223750 | 0.175 |
12 | 452263 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 445208 | 3 |
0.205 | 650000 | 5 |
0.210 | 1048799 | 10 |
0.215 | 870300 | 4 |
0.220 | 944571 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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