PAA 8.89% 20.5¢ pharmaust limited

Ann: Trading Halt, page-54

  1. 6,595 Posts.
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    “Blind Freddy could see a CR coming which has been suppressing the SP, not some conspiracy.”

    That’s exactly my thoughts. Funding was needed to progress the phase 2/3 trial and many SHs were in denial. However the market could see it and hence despite the great results and ODD the SP was stuck in a range. The discount is not that bad though everyone would like it to be a premium… you could count such companies on the fingers of one hand.

    Mgmt has just raised enough to fund certain activities and not diluted indiscriminately. Well done. I hope the brakes come off after this.

    AIMO. DYOR.
 
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