The silence is deafening. I am sure phase I results are finalised and in typical Prana/ATH manner, they will take their time to report the results, giving Life Biosciences more time to accumulate shares at a lower price. I have no doubt that the results will be good demonstrating safety and possibly one or two nice surprises. On release of the phase I results will probably will see a small spike in SP into mid 3c before the SP decline and accumulation resumes. Then It will be just a matter of time before an announcement is made on a 100% acquisition of remaining ATH shares, most likely before commencement of phase II. Of course this is me just hypothesising and like I said before, I hope I have got it completely wrong.
Given the scenario above, may be a good idea to buy a few hundred thousand shares, however may struggle to get that quantity at the current asking price or lower.
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The silence is deafening. I am sure phase I results are...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.22M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $7.5K | 1.5M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 63305651 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 38258482 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 63305651 | 0.004 |
47 | 46138652 | 0.003 |
18 | 39784402 | 0.002 |
13 | 92470101 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 38258482 | 22 |
0.006 | 34263249 | 13 |
0.007 | 22226649 | 17 |
0.008 | 14399594 | 14 |
0.009 | 6000000 | 5 |
Last trade - 10.00am 12/07/2024 (20 minute delay) ? |
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ATH (ASX) Chart |