PTX 0.00% 4.0¢ prescient therapeutics limited

Ann: Successful Completion of Phase 1b Breast Cancer Trial, page-17

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  1. 1,075 Posts.
    lightbulb Created with Sketch. 43
    Agree AMS, it seem out of conventional in SP/ progress ratio to me as well
    Some concerns follow
    Heavy selling for a few months now, obviously no association to bad news leaking, actually news was the opposite to that
    Also, heavy resistance setting somewhat subdue any incentive for traders, as they often opt to that pattern of trade
    Only one other bio in ASX that also has imminent data to follow at their end of phase 2, results due in two weeks...., maybe a dual vesting?
    One concern that Philly brought up, when placement was offered, was the size of registry taken and, I suppose we can add control of not only voting power ( say, a take over bid hostile or other) but furthermore SP guidance
    Perplexed? Yes
    Paranoid? Not test
    I'm sure that our CEO has an interest and a tab of trading
    Time will tell, as always, but certainly the SP is not reflective of the science.
 
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