PAR 3.77% 25.5¢ paradigm biopharmaceuticals limited..

Where we at?, page-82

  1. 1,596 Posts.
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    I am preparing my head for a 20c CR. Can’t see
    any other way, that will still leave this company
    independent. The danger is that management will
    again go for a tentative figure to be raised and
    we will be in the same position in 6-8 months
    as we are now. I thought we may be able to
    stretch the number to 25c, but trading during the
    past week has put that number to bed.

    The other danger is that Rennie will “cut and run”
    to avoid heavy dilution and settle for a “horrible”
    deal with prospective partner/partners.

    Just the thoughts from an over committed
    shareholder. Wish I was in a position to take
    advantage of the CR, but that maybe just
    throwing good money after bad.
 
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