PAR 10.9% 24.5¢ paradigm biopharmaceuticals limited..

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  1. 16,990 Posts.
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    Agree this morning is the consolidation on volume that was required & the CR was a great way to manufacture this.

    However, I feel it will only last a couple of hours. IMO this closes today green & very green which will be the beginning of its epic re-rate.

    This stock has not really been held by the Insto community (I recall reading this somewhere - maybe * or something). The CR was an opportunity for some Insto's to get set with a teaser position on which they IMO will build.

    The announcement today is very telling - ie - New Institutions from USA, Europe, Asia & Australia... The key word here is NEW.

    Being conservative & saying it was only 1 New Institution from each region, that's AT LEAST 4 new institutions on the registry.

    IMO the US & European Insto's will go crazy for this stock as it is ALREADY GENERATING REVENUE in Australia (for OA) under the special access scheme... There is a stock report in the marketplace out there that says it can do $25m revenue in Aus Alone before even the Phase 3 trials in the US are complete!!

    Don't worry about daily or hourly moves on this one - IMO tuck it away & let the insto's rip it in to a valuation in the Billions

    Don't forget that the active ingredient in the drug has previously been FDA approved.... the only difference now is that it's being re-purposed...
 
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Last
24.5¢
Change
-0.030(10.9%)
Mkt cap ! $85.7M
Open High Low Value Volume
27.5¢ 27.5¢ 24.0¢ $429.9K 1.713M

Buyers (Bids)

No. Vol. Price($)
7 161991 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 29634 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
25.0¢
  Change
-0.030 ( 7.51 %)
Open High Low Volume
27.0¢ 27.0¢ 23.5¢ 433775
Last updated 15.57pm 03/05/2024 ?
PAR (ASX) Chart
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