PAA 11.8% 19.0¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-906

  1. 2,669 Posts.
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    NZT what do you think they push in order to return to circa 50c, or heaven forbid the analyst's report target of 90c odd? Not sure rehashing the same info will hit the mark anymore.

    To me ODD and Healey acceptance were the BIG material movers of sentiment and potential rerate catalysts. Unfortunately, ODD was overshadowed by the carry on by management and Healey has been subdued due to CR efforts. Both catalysts happened at unfortunate times.

    From here I think we could slowly ratchet back to the 50c mark, but it will take some serious engagement with the market. We do have a lot of 'smaller' (relatively speaking) catalysts on the horizon but to more than double the SP from here is going to be a challenge. Not impossible of course.

    Perhaps we are setting our price expectations too high for the stage we are at, and circa 20-30c is reasonable?


 
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