Price is up to 7c and that is no big deal. To steal a quote from another poster "in all pranas history prior to the last 2 years of uncertainty it never dipped below circa 14c with 16c the norm. to my knowledge we have not had substantial dilultion in that time as the company has been quite good at staying cashed up."
There is a 100% profit just to get back to the traditional pre IMAGINE lows.
Prana have a new MPAC ready for the clinic in PD and after 15ys 0r so work with MPAC's have in depth understanding of the PBT434 MOA, as far as can be done with animal tests.
It appears tox studies with dogs are done with PBT434.
Obviously info given at the current AD/PD conference was well recieved looking at the 10m volume. That is 10M ADR's.
PBT2 is still in the running for a HD trial in the future or an AD trial at higher dose.
Prana are currently investigating other applications for PBT2, and we should expect news about results there.
Cash position is OK.
Not sure how to value that, but I guess much more than the current value once sentiment changes. It may take a trial start to do that.
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