PAA 2.78% 18.5¢ pharmaust limited

So it was reported on here that big pharmas look out for others...

  1. 8,892 Posts.
    lightbulb Created with Sketch. 1716
    So it was reported on here that big pharmas look out for others submitting ODD applications, well PAA did this and it appears no big pharma took any norptice, sp at the time 9 cents
    It was posted on here big pharmas look out for trial results, PAA have reported on their trial which shows great safety and great data on life extension and still no big pharma wants to step up, sp between 28 and 52 cents but now back to 28 cents,

    So now posters are saying oh wait until ODD outcome which could take up to 90 days.

    Well if a big pharma came forward right now and took a stake in PAA to cover the $30m for 108m shares seems to be a very small investment, should they wait until the ODD and if approved one
    would think the sp would at least nearly double if not go even higher meaning if stake taken in the company the number of shares to be issued to them goes down.

    As for double checking the mpl trial data and crossing the T's surely this was done prior to putting out the trial data outcome announcements
 
watchlist Created with Sketch. Add PAA (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
0.005(2.78%)
Mkt cap ! $89.95M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $111.6K 601.3K

Buyers (Bids)

No. Vol. Price($)
2 169572 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 613756 10
View Market Depth
Last trade - 15.46pm 30/08/2024 (20 minute delay) ?
PAA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.