PAR 0.00% 29.0¢ paradigm biopharmaceuticals limited..

Ann: Entitlement Offer and Placement Prospectus, page-12

  1. 9,678 Posts.
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    Generally I'd agree but ONLY if there was a win win likely to play out over the immediate future which is now very unlikely. At best we may get back to $1 in 2024.

    PR runs PAR as a one man show. He therefore has now directly overseen the +70% destruction of most current holders capital. He has also already paid himself $10M out of shareholder capital via selling down so I'm not feel generous enough to foot the tab to replenish his holdings.

    He has enough self interest already with 20M shares and +$1m pa salary. I'd be more concerned if Donna was to walk away at this critical stage but again I'm not as convinced as PR seems to be.

    Everyone gets a vote. My vote has already been cast to help send a message that his strategy has failed as he took too long and attempted to then rely on deceptive communication which isn't acceptable.


    Last edited by Denial: 30/10/23
 
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