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4.44%

4.7¢ prescient therapeutics limited

sp should be 5x imho, page-846

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frader

1,834 Posts.

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16/07/21

14:17

Post #: 54554890
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Originally posted by ainsleym: ↑

Looking at the traded volumes on both buys and sell order parcels today ( based on Commsec Course of Sales) some big fish selling today, some big fish buying. When a big fish sells and knocks the price down a pip, a lot of small orders then instantly follow . Clearly these are stop loss orders from Mom and Pops and T+2 traders. Its easy for traders and smallish investors to lose sight of the forest due to the trees. Agree with the view of the earlier poster mentioning that the PTX100 trial would not have been extended if benefits were not being seen, or if there was a safety issue for that matter, and also mentioning the comment in the recent video regarding "leapfrogging" the trial to a combined Phase 2/3 ( I think it was referenced there as a registrable trial) . The big fish active today are instos/funds I beleive... they don't necessarily give a hoot oftentimes about a company's future prospects.. they can be driven by their own internal reasons/protocols/timelines whether to buy or sell, they can be quite agnostic in this regard, when to outsiders it seems illogical. I have been topping up today.

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To me it looks like big fish selling to themselves with some of the little fish falling for the trap!

PTX Price at posting: 20.8¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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(20min delay)
Last 4.7¢		Change 0.002(4.44%)		Mkt cap ! $37.85M

Open	High	Low	Value	Volume
4.7¢	4.7¢	4.7¢	$13.29K	283.0K

Buyers (Bids)

No.	Vol.	Price($)
1	2398	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	47429	2

View Market Depth

No.	Vol.	Price($)
1	2398	0.046
2	119999	0.045
4	699841	0.044
2	157800	0.043
5	204523	0.042

Price($)	Vol.	No.
0.047	47429	2
0.048	155000	1
0.049	114091	2
0.050	398175	8
0.052	500000	1

Last trade - 16.10pm 09/09/2024 (20 minute delay)

PTX (ASX) Chart