PAR 0.00% 28.0¢ paradigm biopharmaceuticals limited..

Where is the green?, page-127

  1. 85 Posts.
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    Excuse the name ladies and gents - I made this account to follow these posts with no intent on actually posting, alas now I have to face the embarrassment of posting (any assistance or advice on how to change my username would be appreciated). So anyway - Hello all!

    I myself own this stock with an average buy price of $2.60. Whilst I think and agree with a lot of posters on here that this is a great long term hold and could go to the moon, I am also aware that there are some great stocks and companies which never seen to grow in price or get the recognition they deserve. There has been a lot of analysis and predictions done on this company that suggests it should realistically be trading at >$5 on successful phase 2 trials. As a company we have only had good news since these predictions yet the share price still remains 42% below its high earlier this year. Whilst I understand that this is a small cap and the general market movements will affect a smaller company greater than say a blue chip, it is somewhat concerning that it has been trending downward whilst the ASX200-300 has been flat recently sliding to the right. At first I thought that the results from the trial of the NFL players was baked into the price and the stock was dropping on the classic 'buy the rumour, sell the news', but its continual downward trend well past this news has me on edge.

    Open to all thoughts and opinions.

    Cheers
 
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Last
28.0¢
Change
0.000(0.00%)
Mkt cap ! $99.69M
Open High Low Value Volume
28.5¢ 28.5¢ 28.0¢ $18.32K 65.25K

Buyers (Bids)

No. Vol. Price($)
2 29181 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 21764 4
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Last trade - 11.07am 10/07/2024 (20 minute delay) ?
PAR (ASX) Chart
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