This constant selling is starting to indicate something else is not right. Market cap now less and than $65m and dropping, 60% of share value lost from 5 weeks ago..no word from new CEO, (but promise of a webinar - with no schedule).... ASX must be looking at this value destruction and asking whether there is more to this...the underlying share value was driven by the Monepantel...either we have a world leading product or we don't and IMO the ASX will ask that exact question around what has been historically reported and whether that has changed recently (given the value destruction) if this keeps getting smashed. It wouldn't take much for the CEO to come out and appease the masses who have been heading for the exits for 5 weeks now. If all is well this could be the buy of the decade.
PAA Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)