The SPP is anchoring the SP , plus when the shares are allocated you have increased dilution.Normally I would agree with this statement .. BUT PAA for a month plus have been storing up Catalysts "with Value"
I recently sent MT a list of the known Biotech Catalysts between now and the Interim Data of Phase II, he swiftly returned with " ...Great I'll add them to the list of additional Catalysts that we have...."
Management and the New BOD understand they are in the spotlight ,,, SH Value needs to be restored immediately once the funds settle.
Whispering News and Market Updates now don't even graze the surface any longer ,,, the struggle to deliver "Valuable" Market updates is a battle.
I have noted the small parcel trades across 14 of my Bio's , these usually represent retail investors ,,, remember a Company's SP is only as strong as its financially weakest SH...
PAA need to drive up Demand = Volume and the only way is increased awareness.... NZT
I've put my money where my mouth is and have been buying the 20.5 line
PAA Chart, page-298
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.45M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $41.27K | 196.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 132363 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 21931 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PAA (ASX) Chart |