Australian (ASX) Stock Market Forum

IMM - Immutep Limited

Jump to new
I am no scientist but it seems to me that CVac is more about giving those with the cancer more time.
At present, in Victoria, fewer than half the women diagnosed with ovarian cancer survive five years.
Click to expand...
So what PRR are doing is trying to extend that period of time.
At Peter Mac they are:
Prof Bowtell's Australian ovarian cancer study examines the other side of the coin -- how many women with ovarian cancer carry the mutation.
Click to expand...
-
The way I read it is that although both are looking at the same cancer they are at different stages of the cancer.
-
PRR's CVac "works as a post-surgery and post-chemo maintenance therapy to delay relapse and control metastases." (http://www.asx.com.au/asxpdf/20090306/pdf/31ggc1hfkh0dn5.pdf)
-
Peter Mac will be trying to develop some sort of screening program to determine who is going to be at risk of getting the cancer and working out the why's and how's.
-
"Currently there are no ovarian cancer maintenance therapy products available" (http://www.asx.com.au/asxpdf/20090306/pdf/31ggc1hfkh0dn5.pdf)


I hold PRR.
 
I noted the PRR Investor Presentation available on the ASX news today. Very interesting read.

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00945561

It would be really something for an Aussie co. to make such headway into cervical cancer treatments. Certainly, all of the live phases to date are revealing brilliant progress. I wasn't aware until reading it of the prominent staff working there.
 
Prima Biomed released some more positive news today and yes guys this stock has still more to go for...
Current level up, up, up...
Happy days:)
 
Up 88% today and 100% on Fridays close. I hope the sentiment holds for all those who have some PRR. The TV news and papers may run some stories over the next couple of days to help the ramping up of this stock.
 
a month ago i got 60,000 at .015 costed me $900bucks. now i could sell for .08 and get approx 4800!! not too bad over a couple of days!
 
Guys, if you're going to commentate on your entry and exit points then please also provide a little commentary of the rationale behind your decisions. Otherwise, we just turn into another one of those sites. Cheers.
 
This may sounds like a stupud question, but I've been called worse things ;-)

I'm somewhat new to this. I understand shares, but how do options work?
Anyone feel like giving a very brief primer.

I'm particularly interested in the much talk I'm seeing (mostly on HotCopper) about options for PRR being a bargain.

They selling now for around $0.048, but there's a strike price 0.02 and an expiry date (end 2011). And something about 1 for 2 or 2 for 1.

What's the benefit of having them - at these option prices.
How do you exercise them ?

Basically want to know if it's worth buying any ?

planet
 
planethowells said:
I'm particularly interested in the much talk I'm seeing (mostly on HotCopper) about options for PRR being a bargain.

They selling now for around $0.048, but there's a strike price 0.02 and an expiry date (end 2011). And something about 1 for 2 or 2 for 1.

What's the benefit of having them - at these option prices.
How do you exercise them ?

Basically want to know if it's worth buying any ?

planet
Click to expand...
You can buy and sell the options on market any time just like a share. What you want to do is buy the option with the thought that the sp will appreciate well above the option strike price. If it is .02 and the stock goes to .20, then when you convert them to ordinary shares (through the company at a cost of 2c per option) you get 18c for free, less what you initially paid for them. There will sometime be an arbitrage between the option price, strike and the share price. An option might be considered 'cheap' if it is less to buy than the current sp less the strike price. PRR is currently at .078 less the strike of the option .02 = .058. If the option is priced less than that, then it's cheap. However, what you are assuming is that the sp is going to continue up, or remain at these levels when the option expires. If you buy the option and the share price tanks back to under .02 (what you have to pay to convert the option), the option you bought at .048 is worthless and you lose all your money. Confused? I am.
 
thanks Kennas
Confused at first, but after reading about 3 times at least it made sense.
Still have a few question though.
How do you convert, do you have to call up the company or just my broker ?
What's the expiry for?...must I convert only after or only before ?
If I sell my options, then presumably I'm just passing them on for going market rate for them, but that's not converting them right?
Out of interest, can you recommend one or two decent trading brokers/sites ?
I want to do as much as I can online myself.
I'm currently using my employer internet banking (it's a bank, not that I'm a banker or anything ....IT me), but there are too many restrictions and they charge a lot!
Cheers
 
also is there some consideration about 1 for or v/v ?


********************************************************************************************************************
 
planethowells said:
thanks Kennas
Confused at first, but after reading about 3 times at least it made sense.
Still have a few question though.
How do you convert, do you have to call up the company or just my broker ? I've only ever done it by calling the company and they post or fax the forms for you.
What's the expiry for?...must I convert only after or only before ?Expiry date is a balance between what the company reasonable expects their underlying sp to get to and beyond, incentive for people to invest, and a way of them getting some extra money in the bank by issuing shares. Must convert some time before expiry.
If I sell my options, then presumably I'm just passing them on for going market rate for them, but that's not converting them right? Correct.
Out of interest, can you recommend one or two decent trading brokers/sites ?
I want to do as much as I can online myself. I use Etrade and IG, there's other threads on the topic you should search through.
I'm currently using my employer internet banking (it's a bank, not that I'm a banker or anything ....IT me), but there are too many restrictions and they charge a lot!
Not sure about the 1 for v/v
Cheers Good luck![end quote]

On another note regarding the PRR options that look 'cheap'. The reason could very well be that the market believes that the sp has run ahead of itself and people aren't willing to pay up for an option that they think will not be in the money around expiry time. Food for thought.
Click to expand...
 
I am out as of yesterday. Made some money and will leave it up to others to ride it out.
I am getting back into shares as a way of making some extra money to suplement my income so a profit is a profit for me.
Years ago my wife and I bought shares to hold long term. We could never decide when to sell even though the companies we had purchased were doing very well. We sold out eventually to buy our first unit and I always kicked myself that we hadn't jumped when they had doubled. Our deposit would have been bigger and things may have turned out a little different. Not saying we didn't do well but we could have done better.
Anyways this is probably not the forum for such a post and Kennas please move it elsewhere if you have a better spot for it.
 
Hi all

I have been watching DNDN for long time (the company has the same story that PRR mentioned in the presentation. It has a tremendous up trend. You can see at:
http://www.google.com/finance?q=NASDAQ%3ADNDN

I think It is not crazy when investing money in such a unique product. You guys will miss the train !

I hold PRR and never feel confidence when buying stocks like this time !

Happy trading !
 
vanthang said:
Hi all

I have been watching DNDN for long time (the company has the same story that PRR mentioned in the presentation. It has a tremendous up trend. You can see at:
http://www.google.com/finance?q=NASDAQ%3ADNDN

I think It is not crazy when investing money in such a unique product. You guys will miss the train !

I hold PRR and never feel confidence when buying stocks like this time !

Happy trading !
Click to expand...
Maybe you could post that in the DNDN thread. If you can find one. You see, this is an Australian Stock Forum. Not many trade on the Nasdaq here. But thanks for the hot tip anyway. I'm off to jump on the train. Cheers.
 
Hi I am a trader (day trade & or swing trader) I hold PRR recent purchase at .062 100,000 purchased last friday. Today purchased another 100,000 at .074 Tomorrow is my sell day whether at a loss or profit as plan is to sell prior to the release of expected announcement on the U.S. market.

Reading the map eg chart, big rally on the 21st April to the 22nd then Doji on the 22nd high rejected and sold down to near the close. Then a try for lower prices, on the 23rd then on the 24th an inside day closing at the high (suggests buyers are back in control).

Today the 27th (next trading day) pulled back up over .07 being the low for the day. Note this was the low of the day of the Doji on the 22nd. .07 now seen to be support and the high of the 22nd to be retested (IMO). Tomorrow night U.S. markets i am lead to believe there will be an important announcement to be made that could influence this stock. (Buy on Rumor sell on fact).

I speculate that tomorrow will retest the high and may even break through on the news, however I am a chartist and only use fundamentals to support my map reading. Therefore i will be out tomorrow with a tidy profit if I am correct. If i am wrong I do then not much to loose as will stop out. See map (chart below)

3479710856_de74fd026a.png


Note Day trading and Swing trades are high risk speak with your broker before taking a trade. :eek:
 

Attachments

  • 3479710856_de74fd026a.png
    3479710856_de74fd026a.png
    2 KB · Views: 2
Top