1AI 12.5% 0.7¢ algorae pharmaceuticals limited

positive news

  1. 71 Posts.
    This is very very good news for LCT and its shareholders. At last the company can focus on developing the treatment rather than on capital raising. They announced on 3 Oct that they could raise an additional 7.4m at a 20% discount to the last 30 days – by my calculations the price should have been less than 20cents. To have locked in this amount at 36cnts is fantastic. I am staying behind them and look forward to seeing continued success being reflected in the shareprice.
 
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