PER 2.22% 9.2¢ percheron therapeutics limited

Price prediction 01/05/15

  1. 365 Posts.
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    My prediction: Price will sit between 13.5-15.5 cents minimum by end of this week. Reasons being:
    1. From 22 Jan 14 to 30ish March 14, we saw a rise from 12.5 to 22 cents on news regarding pending 1102 results and 1103 recruitment completion. We knew 1102 results were around the corner and that primarily drove the price up 10 cents over 2 months, or about 1 cent a week.
    2. End of 2011, the rise we saw on progression of drugs, very early progression of drugs drove the price up a lot. Have a look at the news around the last 3 months of 2011 to see what caused the rise in price then.
    3. Now we aren't dealing with just drug trial progression but also a financial package which should, well will fully fund drug progression. A small biotech with money/large partner is infinitely worth more than one that is progressing on its own. This will drive the price up.
    4. Possible news in the coming weeks about revenue generation from one the drugs will help as well.
    5. Personally I believe we should start to see an exponential rise over the next few weeks as we wait for news. Same has occurred multiple times previously, and will occur again, and this time round more ferociously I believe, for reasons listed above, primarily number 3.

    But for this week, I'm sticking with a 13.5-15.5 price range (minimum). Personally if I had money I would be buying more and more and more. Would love your thoughts on price by end of this week.

    note: whole point of price prediction is to get opinions with reasons why people believe the price will be at a certain level. Institutions do this, so why not get individual investors as well. We see some very good research on this thread, now lets see some prices added to it, on a weekly basis till the finance deal is released. For me, I can only find so much, but others on here like KP and others find sooo much info that I could never find, so for me that adds to my own valuation of the company, hence part of the reason behind this thread. More info allows for better valuation, good or bad.
 
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