correct poobear,
the company will do a placement, and raise the cash required.
this spp, was just to allow shareholders a right to do so as with.
my comment, is that reatilers can maintain their piece of pie, via on market buying.
The issue is, that this sort of manipulation spooks many, and so they dont. So then, who does take up their rights?
Well, the accumulator will, if we poe that beyond the spp ex date the sp rises above 12c.
And why wouldnt it? The company will have by then announced a placmeent, sufficient funds to see it forward, to ramp up profuction into cash flow positve territory.
Next quaterly production, when poe they contine to ramp upwards, this will look very cheap, and the maipulation will have left many without.
S-parrot, no doubt, youve been following then the last 12m of the dubai exit, now finished. Just a look at the 12m chart, shows many attempts to reverse trend, only to be sold down. How do you reverse things, when you have a major exit drag on for 12m, and with production not blowing anyones skirt up?
So past that, production is now starting to ramp, and this wet dress sell down will have dried out, and starting to look decent buying.
We just have this manipulated sp atm, and or simply, some fund manager capitulaing, and exiting.
Happens all too often, a fund manager, has a gut full, and we see on the next major holders announce the answers revealed??
Understand that a top20 is about to be released soon, that might remove the veil somewhat.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $6.027K | 1.81M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 17581526 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 2759580 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 17581526 | 0.003 |
5 | 5333668 | 0.002 |
4 | 18400999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 2759580 | 5 |
0.005 | 11606846 | 12 |
0.006 | 2132952 | 5 |
0.007 | 1714285 | 2 |
0.008 | 2000000 | 1 |
Last trade - 15.00pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
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