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$4.22 clarity pharmaceuticals ltd

Just about every punter on HC thinks their favourite biotech...

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daveg

2,158 Posts.

199

24/04/24

07:54

Post #: 73487561
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Originally posted by longreach: ↑

"For me the main worry buying in now would be whether the company be around for 12 months to get CGT discount "

I'm sure you remarked this in jest, and I smiled just thinking about it. From my point of view I'd gladly accept a very large offer, even if it was taxable at the usual rates.

But getting back to your implied point, of a takeover within the next 12 months:

I did read somewhere (I don't recall whether it was just gossip on HC, or a more reliable source) that AT's position is that he acknowledges the likelihood of CU6 being taken out in due course. But if the trials progress with the same degree of positivity for prostrate cancer detection and therapy, and now with another $120 million +/- in the kitty, I'd be surprised if they didn't advance the R & D onto breast cancer as was initially planned in the Prospectus.

I'm sure there are many more informed commentators on this - anyone?

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Just about every punter on HC thinks their favourite biotech stock will be taken over within 12-18 months

CU6 Price at posting: $2.52 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $4.22		Change 0.090(2.18%)		Mkt cap ! $1.290B

Open	High	Low	Value	Volume
$4.10	$4.26	$4.05	$2.204M	529.4K

Buyers (Bids)

No.	Vol.	Price($)
7	8996	$4.21

Sellers (Offers)

Price($)	Vol.	No.
$4.23	2875	2

View Market Depth

No.	Vol.	Price($)
10	7848	4.180
13	14570	4.170
9	14634	4.160
5	14063	4.150
4	14824	4.140

Price($)	Vol.	No.
4.190	4854	7
4.200	42480	6
4.210	11309	4
4.220	2750	2
4.230	9255	3

Last trade - 12.26pm 24/05/2024 (20 minute delay)


Last $4.31			Change 0.090 ( 4.72 %)
Open	High		Low	Volume
$4.09	$4.31		$4.09	24491
Last updated 12.46pm 24/05/2024 ?

CU6 (ASX) Chart