Keep the following in mind:
1. At 10c PRR has a fully diluted market cap of $48.2m (with it soon to be higher via share issues as it has no cash left
2. Dendreon spent A$325m doing its phase 3. That means even it were possible to raise the funds for CVac's Phase 3 trial PRR would need to issue 3.25 BILLION shares.
3. It is incorrect for people on this forum to talk about commercialisation/pending sales etc.. and PRR only having 347m shares on issue...THE COMPANY IS NOT FUNDED and in any case it is at least 6-7 years away from where Dendreon is now
4. Take a step back and look at the CVAC patents in the context of the Phase III timetable. How many years is PRR going to have to exploit the market.
I don't like to be a mood killer. BUT if anyone is buying this stock as anything other than a game of Pass the Parcel I would urge you to print this post, and look at it again in 6 months time.
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M |
Open | High | Low | Value | Volume |
31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 121215 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 2864 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 97636 | 0.310 |
10 | 148935 | 0.305 |
16 | 370419 | 0.300 |
5 | 71833 | 0.295 |
9 | 233134 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 107754 | 2 |
0.325 | 336000 | 3 |
0.330 | 167871 | 3 |
0.335 | 196676 | 5 |
0.340 | 529176 | 4 |
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