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
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $559.9M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 11.5¢ | $308.5K | 2.533M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 358350 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 371822 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 458166 | 0.120 |
4 | 165789 | 0.115 |
10 | 476802 | 0.110 |
13 | 1260303 | 0.105 |
17 | 2340155 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 50000 | 1 |
0.125 | 422907 | 3 |
0.130 | 515166 | 6 |
0.135 | 204632 | 2 |
0.140 | 721230 | 7 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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