Ann: Appendix 4C - Quarterly - 31 March 2024, page-8

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mattyedw

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30/04/24

18:18

Post #: 73591230
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Originally posted by Raffout ↑

Hi Matt,
I would like to join your measured optimism but I can't avoid thinking of Dr Campbell driving us into another "pothole" on the way to the clinic.
His wording sounded lacklustre to me, no much confidence in them.
At its best, Dr Campbell choice of words were insufficient and today's trading reflected that, at its worst his pour communication skills stood out once more: all he needed to do was to come out with confidence by stating that the company expect the testing to be completed.... successfully. and -possibly- be followed by the first human clinical trials for PAT-DX1.
AT NO POINT IN THE Qs THERE IS ANY MENTION OF THOSE TRIALS!! EVEN THOUGH PAB HAS PREVIOUSLY INDICATED THAT THEY WOULD START in the 2nd Half of 2024 !!
Who can be now sure of the product characterisation and specification testing to be completed successfully? Who would be so confident that there would not be some issues arising -again- during the testing that could delay the trials yet again? Dr Campbell omissions tells the story: he 's prepping holders at further delays, make it 2025....no wait, 2026....
At one point today PAB was trading @.008c. ...ffs!!
I can see a lot of holders trapped here with a massive supply of shares flooding the offer if the sp appreciates past the mid teens....
After more than six months no one has joined the board to replace Ms Suzy Jones - how many potential candidates have been approached??
Soon the unenviable task of raising capital....most probably at a discount .....will have to be tackled as the company would otherwise be unable to fund its activities - never mind the actual trials...
Good luck with the hinting and the raising of expectations about Dr Campbell delivering deals, collaborations with BP, licencing etc... these are good stories but it looks like very soon there'd be nobody's left to sell them to....

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Hi Raf,

I completly understand your thinking and the logic behind it, it has been a long road and still a few turns to go....

We all know the outcome if this is not successful and a CR before the results are finalised to me would crystalise bad news to come....

Every day we dont raise money is a good day(to me at least the way i am reading the play/s)

Going to human trials in the second half of 2024 has been Anned countless times, not mentioning it today one can understand the underwhelming feeling it has produced..

The trading is redundant, no-one wanting to take the punt even at 1c bodes to PAB's failures in the past and rightly so imho...

The failure as stated we all know where it will head, but the results we are all after then hopefully momentum and sentiment will fly back and get to where we were before the first failure kicked in..

Raising money with a successful GMP is a price we will have to pay but a small one if it all comes right..

Lets turn the sentiment for a second on its head, GMP is a success, we partner up with WHO-EVER out of the blue(to us out of the blue, be not to the backroom workers that have kept the negociations going in tuff times)and we are off..

Glass half full or empty is up to us, with in 10 weeks time we will all know at least where we are going..

PAB Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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