A Phase 3 company should not be constantly dropping and losing its value, even during Covid and the war in Ukraine. Yes, the world changes all the time, and markets react on a daily basis to both positive and negative events.
Through it all, PAR is still greenlit by the FDA for Phase 3 trials. There is value in that, and that alone, so this dropping under $1 is a major red flag.
Marketing has been horrible for a long time, pretty much starting with the amateur NFL video. That video was horrendous and it did nothing to publicly promote the benefits of the drug for the players treated.
Rennie's slip-ups in the so-called 'fireside chats,' along with missed and ignored timelines, and an unexpected, and poorly executed CR, have all contributed to this negative market sentiment.
Skerrett's droll and unispiring public persona irks me no end. She does nothing to evoke excitement for the drug and its future possibilities. She is not the right front and centre mouthpiece.
Put simply, we are a Phase 3 company with the wrong people steering the ship. Money will soon be running out, and unless things turn around, and fast, a low ball takeover is a very real probability...or another CR! That's a lose/lose situation for all current, loyal, long term shareholders.
- Forums
- ASX - By Stock
- PAR
- 4 months since Phase 3 Green light
4 months since Phase 3 Green light, page-5
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
|
|||||
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $82.20M |
Open | High | Low | Value | Volume |
23.5¢ | 24.0¢ | 22.5¢ | $186.1K | 801.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 33599 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 65498 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20000 | 0.230 |
4 | 130009 | 0.225 |
12 | 183076 | 0.220 |
6 | 98958 | 0.215 |
9 | 260864 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 65498 | 1 |
0.245 | 48923 | 2 |
0.250 | 3443 | 1 |
0.260 | 58362 | 1 |
0.270 | 5000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online