A number of US biotechs have risen 2-4 fold in last few weeks after raising capital. Let’s hope this company gets caught up in the shift in sentiment for cashed up biotechs. I might have a go at articulating specifics tomorrow if no one else does.
A very small sell side is what I see, and anyone with shares looks to be hanging on to them and not selling into this increase….which augers well…ive been in quite a few raises and to have an arbitrage like this is very uncommon. Augers well for a jump in sp next few days imo.
A number of US biotechs have risen 2-4 fold in last few weeks...
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Last
$1.20 |
Change
-0.005(0.42%) |
Mkt cap ! $699.9M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.20 | $1.18 | $10.76K | 8.988K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 28331 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 131 | 1 |
View Market Depth
| Last trade - 11.07am 18/06/2025 (20 minute delay) ? |
| PYC (ASX) Chart |