Australia's largest stock trading and investment forum Australia's #1 stock forum

PAA

Click for more information

2.38%

20.5¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-921

First 921 Last

Share
Profile

Follow
FloatingCity

611 Posts.

101

23/07/24

17:23

Post #: 74878517
Share

Originally posted by Jakjazz: ↑

Misleading.

Of course any valuation of the IP would impact the SP...not necessarily the day to day trading price but imagine if BP came knocking with a TO price of 20 cents per share and we have an IP valuation of $2/share.....you gonna sell. it also allows share owners to understand the potential value of their shareholdings so therefore less willing to sell at the current SP leading to a rise in the SP

Think of selling your house and you have a valuation 20% higher than what similar houses have sold for. Are you going to put the property on the market knowing the market will buy it at a 20% discount to the valuation. Unless you are desperate smart owners will hold and use the professional valuation as a marketing tool for the higher price.....just as PAA should.

A valuation avoids the potential for PAA to be sold dirt cheap to a BP crocodile. It will also influence the sales attitudes/pricing requirements of current holders. To say a reputable valuation will value PAA at its current SP is misleading and ignores the various rigorous valuation methodologies in favour of the simplistic current SP.

Expand

Hopefully MT will have a valuation arranged in the near term.

PAA Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Drilling at Lady Ilse suggests gold-copper porphyry, grows footprint for Magmatic

OPL

Opyl forms JV with UK and US consortium to bring products to the world

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

PLS

Lithium production up 26%, revenue jumps 58% in June quarter for Pilbara

M4M

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

There are more pages in this discussion • 14 more messages in this thread...

First 921 Last

Add PAA (ASX) to my watchlist

(20min delay)
Last 20.5¢		Change -0.005(2.38%)		Mkt cap ! $93.45M

Open	High	Low	Value	Volume
21.0¢	21.5¢	20.5¢	$21.80K	103.7K

Buyers (Bids)

No.	Vol.	Price($)
6	80286	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	68791	4

View Market Depth

No.	Vol.	Price($)
6	80286	0.205
10	463195	0.200
7	279132	0.195
15	905660	0.190
17	343061	0.185

Price($)	Vol.	No.
0.210	68791	4
0.215	256933	2
0.220	425775	7
0.225	420666	1
0.230	165858	4

Last trade - 10.56am 24/07/2024 (20 minute delay)

PAA (ASX) Chart

SPONSORED BY