PTX 2.50% 3.9¢ prescient therapeutics limited

PTX Media related, page-807

  1. 463 Posts.
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    Yes Derrick, I'm in both as well as MSB, which as anyone that's been around a while would know how often we line up for another round of dilution. The mere mention of Bell Potter around PTX triggered me HAHA!!!! Such is life, cash burns without a product earning money to offset costs, even in the $1B+ MC bio's, is part of the game but the way retail holders are treated (generally speaking) is disappointing at times.

    Lessons from MSB (not cross promoting) are around being ready for the FDA gauntlet. I would like to see a move by the PTX Board soon to appoint someone with expertise in that regulatory environment (as by the time MSB did it was arguably too little too late), assuming the "early conversations" claimed materialise into deals in the US. If PTX does have the holy grail in its stables, or even lands a few collaborative arrangements in the US, we need to be ready to front the FDA as that was one hell of setback nobody saw coming with MSB but hindsight is a wonderful thing.

    Anyway, sounds like PTX are heading in the right direction and so far the price has held up in a spooked market whereas our dear IMU are probably looking at the CR price as the new resistance when the support level didnt hold up. At least the new owners gifted their 400m discounted shares are financially locked in with all of us now!!!
    Last edited by Scooty: 23/09/22
 
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