"The next Dendreon? Dendreon trades at $36"
Just to put the above posters view into a meaningful perspective by my calculations based on the current number of issued ordinary shares and the closing price of the shares last Friday in Dendreon and PRR, if PRR were to get to the same position as Dendreon the PRR share price would be approximately $7.45.
This of course is subject to Prima being successful in its final trials and not issuing any more shares. Of course as unless a joint venture is formed more funds would be required for commercialisation and more shares may at some stage be issued. So I would expect that even if the same market capital as Dendreon was achieved the likely sp IMO would be somewhere between about $4 and $6 an increase on the current sp of between approx 1400% and 2300% rounded.
Lets hope the stars fall our way and the PRR sp will gradually rise to a nice peak of between $4 and $6 based on my rough comparative with Dendreon.
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"The next Dendreon? Dendreon trades at $36"Just to put the above...
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Last
34.0¢ |
Change
0.030(9.68%) |
Mkt cap ! $494.5M |
Open | High | Low | Value | Volume |
33.0¢ | 35.0¢ | 32.0¢ | $4.857M | 14.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 142807 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.335 |
4 | 110909 | 0.330 |
2 | 88032 | 0.325 |
6 | 262347 | 0.320 |
5 | 123033 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 142807 | 2 |
0.345 | 265823 | 2 |
0.350 | 230290 | 5 |
0.355 | 325368 | 11 |
0.360 | 241841 | 9 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
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IMM (ASX) Chart |