PAR 5.77% 24.5¢ paradigm biopharmaceuticals limited..

Is another "Poseidon" possible - really?, page-2

  1. 1,316 Posts.
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    Hi Cabe,

    No doubt, the worst result for us all (aside from Phase 3 not going well) would be a big pharmaceutical company eating us up. A buy out. Oh, we would all still be in the green if that eventuated, however, it would be the equivalent of someone buying a winning lottery ticket for a few thousand dollars. You get the picture...

    I take great comfort in the fact that Paul Rennie decided to raise enough money via the CR to fund the Phase 3, without selling out. That decision puts us in a great position.

    Hopefully, if Phase 3 goes the way we all expect it to, Para will continue to see Zilosul through to commercialization, which equals revenue, which equals happy days for all shareholders.

    Of course, we have a few other irons in the fire too. Lots to look forward to. I've been in since 33 cents, so not complaining.

    Fingers, toes...and everything else crossed!

 
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