Listen to Nippy, people, and take note. The share price of ATH has been bumping along at less than 3 cents since January 2020 and suddenly it takes off in one day to 41 cents. Something seemed to go very awry there. Keep in mind that the capital raising is being quoted at 3.288 cents per share, and from my years of experience, there is usually a slight drop in SP both before and after the capital raising. It seems crazy to me that anyone would be paying above the capital raising of 3.288 cents at this moment.
ATH is still in preparation mode for Phase 2 trials so it could be months before it starts, and then we may not see results for some years. In that time the SP will probably rise and fall many times, so probably no need to rush in right now! Also, keep in mind that Phase 2 trials do often fail (as with Prana with PBT2 which was hoped to be a cure for Alzheimers).
These are just my musings after my experience with Prana and not to be taken as financial advice. As always, do your own research.
Listen to Nippy, people, and take note. The share price of ATH...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $26.22M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $501.4K | 91.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 71 | 70438990 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7499794 | 14 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
-0.001 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 3568393 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ATH (ASX) Chart |