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18.0¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-773

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qwert0

507 Posts.

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11/07/24

09:42

Post #: 74702044
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Originally posted by Buckland: ↑

To me it seems strange that holders of the original options haven't started converting those options.
When the conversion price is less than the cr price, ànd when converting the options the money goes direct to PAA the same as the cr but doesn't attract any commission.
If they get the money from the cr and then get option holders to convert then I think the two lots of money would go close to having sufficient funding to complete the trial.
I have requested a very small amount in the cr, unlike some on here I don't have a lot of money I can afford to risk.
I also don't understanding how some can be stating they don't think they can get anymore as one could order up to $30k worth of shares and not based on the number of shares held.
As for the change in the board affecting the current sp, to me this had a much less affect on the sp then the resignation of MT, I expected a rise in the sp when MT pulled his resignation

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The options don't need to be converted until April 2026. Why would anyone ~~waste~~ spend 15c per unit converting now for zero benefit, when they could invest that money in more options instead?

PAA Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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