PAR 7.32% 22.0¢ paradigm biopharmaceuticals limited..

Valuation and Targets, page-294

  1. 1,067 Posts.
    lightbulb Created with Sketch. 533
    My favourite chart (from Amibroker, my code) looks like
    https://hotcopper.com.au/data/attachments/1926/1926736-8adeb34a790b92930fe537c918e2abb0.jpg
    The bottom chart blue line shows recent lows, the red recent highs, and the yellow tracking between.
    As of Friday it looks like a range between 2.94 and 3.30+. You can see the effect of shorting (red candles), and the absence of news.
    The recent great pickup by
    @3gig4me @Agent-86Big
    on another thread
    https://www.mstaccess.com.au/research-notes/
    showed a timeline which is a little less definite or pushed out from what we were expecting/hoping for.

    • Potential Near-Term Catalysts•
    • Q2CY20- Further results from Australian SAS patients
    • Early 2020– Submission of KOA Investigational New Drug Application to FDA
    • Mid CY20 - Results of US EAP of 10 ex-NFL players
    • Mid CY20 – Start of the Phase III pivotal clinical trial in OA
    • Q3CY20 – Australian provisional approval and revenues for iPPS for KOA
    • CY20 - Pivotal Phase II/III trial in MPS to begin in US
    • CY20 – Treatment of MPS patients in Australia via the SAS
    • CY21 – Phase III KOA and MPS patient trials’ results release

    So while there may be upside to $4.3, the risk of pull backs to 2.94 is high until there is good news. IMO only, DYOR.
    I am fully invested at this point, may switch sentiment to hold, thinking about that in context of overall market.
 
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Last
22.0¢
Change
0.015(7.32%)
Mkt cap ! $76.98M
Open High Low Value Volume
21.0¢ 22.5¢ 21.0¢ $242.2K 1.102M

Buyers (Bids)

No. Vol. Price($)
1 16020 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 310000 2
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Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
PAR (ASX) Chart
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