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...
- Forums
- ASX - By Stock
- PAR
- Charting view
Charting view, page-2
-
- There are more pages in this discussion • 309 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
-0.015(6.98%) |
Mkt cap ! $70.04M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.0¢ | $201.6K | 994.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 429247 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 13806 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 389247 | 0.200 |
8 | 133607 | 0.195 |
17 | 238789 | 0.190 |
4 | 92160 | 0.185 |
8 | 122773 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 13806 | 2 |
0.215 | 28509 | 1 |
0.220 | 59615 | 6 |
0.225 | 28604 | 2 |
0.230 | 16334 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |