PTX 6.52% 21.5¢ prescient therapeutics limited

CR for what? The company has over 3.5 years of operating...

  1. 3,562 Posts.
    lightbulb Created with Sketch. 2734
    CR for what?

    The company has over 3.5 years of operating expenses covered with $16m cash on hand.

    The MD Steven has flagged the companies activities are well and truly funded under the current budget and provisions.

    For a CR you would need a significant announcement to precede it, a significant change in the current scope of activities.

    This was no pump, it was smart accumulators who know where this is going and that news is imminent. There is every chance they wanted to get in before Rebecca attracts some larger investors at higher prices equally at tomorrows big conference.

    The idea of smart accumulation isn't to just blindly chase the sellers, you go in controlled bursts and let the market come to you as much as possible rather than letting the horse bolt continually.
    Last edited by BigDaniel: 15/09/21
 
watchlist Created with Sketch. Add PTX (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
-0.015(6.52%)
Mkt cap ! $139.4M
Open High Low Value Volume
23.0¢ 23.0¢ 21.5¢ $212.4K 969.7K

Buyers (Bids)

No. Vol. Price($)
1 25000 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 30000 1
View Market Depth
Last trade - 16.10pm 03/12/2021 (20 minute delay) ?
(live)
Last
22.0¢
  Change
-0.015 ( 0.05 %)
Open High Low Volume
22.5¢ 22.5¢ 21.5¢ 520020
Last updated 15.55pm 03/12/2021 (live) ?
PTX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.