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
6.7¢ |
Change
-0.003(4.29%) |
Mkt cap ! $60.40M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.7¢ | $43.41K | 636.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32916 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 35754 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32916 | 0.067 |
1 | 10000 | 0.066 |
4 | 203000 | 0.065 |
1 | 10000 | 0.064 |
3 | 148095 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 35754 | 1 |
0.073 | 78000 | 1 |
0.075 | 13371 | 1 |
0.078 | 75476 | 2 |
0.079 | 175123 | 2 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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