Clarity Pharmaceuticals Ltd

ASX:CU6

Clarity Pharmaceuticals Ltd

ASX:CU6
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$2.36 (0%)
Last close price
#100
Rank
11
Held by
33
Followers
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Pinned straw:

Straw deleted
topowl
Added 8 months ago

Nice little liquidity event for insiders and traders to get out.

Personally, I used to punt on bio tech speccies and would always get worried when we got news releases about conference presentations.

Good luck to all holders.


14
edgescape
Added 8 months ago

@mikebrisy Would be really bad for Dr Alan Taylor if this went to zero what with his education, experience and reputation.

Wish I added a few on the weakness few months back but didn't because capital and focus was elsewhere.

11
mikebrisy
Added 8 months ago

@edgescape I don't think it will ever "go to zero",... I was just framing the risk of failure, which you always have to keep in mind with these types of investments.

To be more specific, if the lead candidates fail to get FDA approval, I expect to see a material decline in SP ... 70%, 80%, 90% ... until someone acquires the science.

That's the Bear leg of my thesis!

13
Schwerms
Added 8 months ago

May be on a path back to its ATH now they are cashed up and the news is starting to flow. I got a good amount a few weeks back after the discussion RE TLX vs CU6, like the idea of a bit of a hedge.

Wonder how much selling will take place now it's popped back up over the recent CR price.

10