Global markets are now a mess & unfortunately the recruitment delays of a few months could now come back to hurt PER
In the back of my mind, I had PER raising money before the release of the P2B data (given it would be very high risk to wait until the read out to raise; as it would be a binary outcome. Ie - if good; raise at decent levels; if bad; company saving raise at peanuts)
Their cash runway was always to CY2025 & that hasn’t changed
But what has changed is the global macro backdrop. PER isnt (and hasn’t been) rising while the 26 wk treatment period has been progressing
The only thing I can put this down too is that market participants now expect a CR sooner rather than later & now at a depressed level, unfortunately
Hope I’m wrong, but price action rarely lies
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Last
8.3¢ |
Change
0.001(1.22%) |
Mkt cap ! $74.82M |
Open | High | Low | Value | Volume |
8.3¢ | 8.5¢ | 8.3¢ | $7.265K | 86.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1837 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 64367 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1862 | 0.083 |
1 | 20000 | 0.082 |
3 | 132028 | 0.081 |
3 | 229100 | 0.080 |
3 | 51541 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 64367 | 2 |
0.085 | 100000 | 1 |
0.086 | 115250 | 3 |
0.087 | 222982 | 2 |
0.088 | 457142 | 2 |
Last trade - 13.04pm 11/09/2024 (20 minute delay) ? |
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