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7.9¢ percheron therapeutics limited

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Ockrazor

16 Posts.

08/09/14

22:28

Post #: 13943313
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Originally posted by Steini ↑

The market and me included have no real clue what the results really mean, but the bio-experts do. When ANP published the interim results months ago at about 30 % reduction ANP and some HC posters reacted excited but the industry players did not. Therefore many and me included interpreted the latest data as not great, hence the selling. I am not an industry expert but seeing no partnering interest after the interim results I realised that 26 - 36 % final reduction results won't attract a partner either. I sold at the spike on Wednesday, disappointed that our Antisense company hasn't achieved a much better result. Read through the general statements about the technology on ANP's website and what ANP expects, 26 - 36% is a far cry from where they want to be. I am convinced the technology will deliver one day but it needs a lot more work until they master it and achieve the desired outcome.

It is easy for me to put salt into the wounds as a current non-holder and of course I could take advantage of a much lower sp now, but my comment is not designed to drive the sp even lower, I just want to say that the selling is a result of ANP had disappointed holders.

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You bring up extremely valid points.

ANP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 7.9¢		Change 0.001(1.28%)		Mkt cap ! $81.90M

Open	High	Low	Value	Volume
7.8¢	8.1¢	7.8¢	$387.9K	4.865M

Buyers (Bids)

No.	Vol.	Price($)
1	709685	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.1¢	355952	2

View Market Depth

No.	Vol.	Price($)
1	709685	0.079
9	1219830	0.078
11	1274392	0.077
7	389571	0.076
12	805499	0.075

Price($)	Vol.	No.
0.081	355952	2
0.082	400000	2
0.083	368750	3
0.086	250000	1
0.090	603000	4

Last trade - 16.10pm 06/11/2024 (20 minute delay)

PER (ASX) Chart