I think the Volume says it all , if the Market thought for 1 nano second PAA were close to a commercial outcome they would certainly be clambering to get on board. I'm not saying they are not close to a commercial deal but if SH with a vested financial interest are unaware then the wider market certainly has no understanding of where PAA are in the trialing continuum.
On the oppies , it would currently take 1.5 cent climb per month for 10 months so .005 of a cent per day for 30 days.
When broken down it would seem highly possible but would require updates on progress to fuel the rise..
I think this year PAA have had more ASX Regulatory Required Mandatory Updates than actual Business and Science updates...
We have said it before " you have to sell the story,,,,not tell the story" also I'm not sure PAA understand they are competing for investor funds with other Biotechs?
2023 , MND, K9 Cancer Commercial Deal , Covid , Human Cancer, OHD, page-97
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $95.68M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.3¢ | $125.5K | 578.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 144480 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 318615 | 3 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PAA (ASX) Chart |