I think we can all agree that the market cap does not even have a tenuous connection to reality.
For a phase I bio, no cash in the bank, inexperienced team, you would expect maybe $10m? Nothing anywhere near the current $120m valuation. We're in meme-stock territory, really. So I think any sort of charting and TA is kind of futile.
But the SP is consistently bollstered back up, quite reliably. I assume by family?
[WEBINAR REPLAY] What it takes to get a new drug to market in Australia, page-10
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Last
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $89.39M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.0¢ | 30.0¢ | $25.76K | 82.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13550 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 18938 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| RCE (ASX) Chart |