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11.1% 1.0¢ algorae pharmaceuticals limited

This is very very good news for LCT and its shareholders. At...

  1. Biozone
    71 Posts.
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    30/10/07
    11:03
    Post #: 2946843
    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.
    LCT Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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