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6.9¢ percheron therapeutics limited

Once again Wilson's report wrong..cant forecast much at all.

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the Zig

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31/12/23

22:31

Post #: 71678568
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Originally posted by Atomboi: ↑

New report out for ANP by Wilsons dated 21 July.

SP 30c 12 month target, and 83c unrisked target.
Couple of points I'm surprised by in the Wilson's report - located HERE

1. they didn't wait for the capital raise funds to come through. As they would have shown the higher MC, EV and shares on issue.

2. Why wasn't the latest raise foreseen by them? This comment (below) doesn't take into consideration the company noted in updates a small single digit raise will be required earlier?? Probably just looking for a reason to change the target price.

Wilson report noted: 'This raise was not in our modelling, with the next capital injection pencilled in alignment with the mid 2024 Phase IIb data readouts – however we can see that interruptions to trial progression, owing to regulator delays, has likely driven the need for additional interim funding to support continuing operations.'

Great to see the share price holding up even though some quick profits could be taken after the raise.

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Once again Wilson's report wrong..
cant forecast much at all.

ANP Price at posting: 5.9¢ Sentiment: None Disclosure: Held
2 Upvote

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(20min delay)
Last 6.9¢		Change -0.003(4.17%)		Mkt cap ! $62.20M

Open	High	Low	Value	Volume
7.2¢	7.3¢	6.9¢	$100.8K	1.426M

Buyers (Bids)

No.	Vol.	Price($)
1	444999	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	135024	1

View Market Depth

No.	Vol.	Price($)
1	444999	0.069
1	685	0.068
1	15060	0.066
3	516040	0.065
1	219429	0.064

Price($)	Vol.	No.
0.072	135024	1
0.073	67500	1
0.075	100000	1
0.076	143169	1
0.077	117090	2

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last 7.0¢			Change -0.003 ( 1.41 %)
Open	High		Low	Volume
7.2¢	7.3¢		7.0¢	150480
Last updated 15.59pm 30/04/2024 ?

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