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Patrys is the ASX Most Traded, but losing momentum

Patrys shares are fading today, but the stock is still a three-bagger over past two days.

Patrys Ltd (ASX:PAB) is the most active stock on the ASX today, trading 87 million shares by 2pm, but its losing yesterday's momentum in the share price.

Patrys last traded lower by 20% on the day at $0.016.

The interest in the stock came from positive pre-clinical data for its lead drug candidate PAT-DX1, a novel first-in-class drug candidate being developed to treat a range of different cancers.

Studies in multiple pre-clinical models of cancer have demonstrated the ability of Patrys’ proprietary humanized antibody, PAT-DX1 to be taken-up and to kill cancer cells.

Company Name · Code · Last · Change · Volume

Patrys Ltd · PAB · $0.016 · -20% · 87,391,449

Dark Horse Resources Ltd · DHR · $0.009 · 125% · 68,455,473

Emeco Holdings Ltd · EHL · $0.180 · 0% · 66,151,896

Lynas Corporation Ltd · LYC · $0.202 · 3.59% · 42,605,049

DigitalX Ltd · DCC · $0.060 · 3.45% · 23,428,161

Fortescue Metals Group Ltd · FMG · $5.595 · -3.70% · 19,818,437

First Growth Funds · FGF · $0.008 · 14.29% · 18,835,082

Magnum Gas & Power Ltd · MPE · $0.002 · 100% · 17,748,503

Mustang Resources Ltd · MUS · $0.090 · -6.25% · 17,194,927

Pancontinental Oil & Gas NL · PCL · $0.004 · 0% · 16,074,998