PTX 7.14% 4.5¢ prescient therapeutics limited

Ptx to 10 bag by this time next year, page-656

  1. 3,871 Posts.
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    Evening mate.

    The top 20 is really spread with no single holder with anything close to 5% of the company which would trigger the 'Substantial shareholder' status and the associated legal obligations to report changes of over 1% to holdings.

    @hottod was able to confirm the top 20 slide in a recent Reach Markets presentation was a misprint and the annual report figures are indeed accurate so probably no-one anywhere near this 5% threshold currently.

    I'm expecting this to change though, I think a company like 'Merchant' who is preparing an investment chest to spend on biotech will probably come on board shortly and break that 5% threshold.

    I'm sensing in Steven's communication that PTX may be approached for an institutional placement, I would personally feel this is highly likely before years end which will be great for shareholders and see some big whales taking positions.
 
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