I don’t think anyone could’ve foreseen this dropping to 5c - particularly when it was 15c only 9 months ago.
Anyway - I do like this part of the announcement (it shows that investors are starting to get interested in PTX). it also almost seems like the 7m placement is already a done deal.
“new US and Australian institutional investors with particular expertise in life science investing”
Well - i’d prefer it wasn’t Australian institutional investors
PTX Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
