PAA

8.89%

20.5¢ pharmaust limited

Hi All, I can reiterate what @adreamer is saying about work...

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Peeteepoo

2,497 Posts.

1422

12/05/24

07:52

Post #: 73782159
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Originally posted by adreamer: ↑

Good morning JTG

There is a very significant transition underway to better enable the company to move forward and the market behaviour is reflecting a whole heap of trading on sentiment while the new board form and get the governance in place that enable them to function far more effectively than we are used to seeing.

The day to day work of preparing the trials and analysing of data continues with lesser disruption than what we would think.

If you look into the trading, a huge volume is on Cboe which indicates brokers and corporates are take long advantage of mostly retail investors that get stressed or disillusioned and sell at this low price. I have friends in this category.

One could wonder if a party is deliberately suppressing the SP to stress retail investors then scoping up sell orders? (Rinse and repeat)

The functioning or not of MTs email account is neither here nor there. He is technically the outgoing CEO and is very positive about the prospects of Monepantel, if he wasn’t, he wouldn’t post about it on LinkedIn.

On the last couple of days I have been in contact with quite a few of the top holders and their view is consistent. Change is happening, change is needed, change takes a little time, change needs their patience just for a little while. The shareholders expectations are that the reforms continue.

Getting whipped into a frenzy because an email account bounces is not really the biggest thing happening in town.

The SP is only low if people choose to sell. Some on here are having a field day scooping up as they see this as a temporary but necessary situation. Seems some brokers and corporates do.

I am extremely confident we will definitely hear from leadership this week. Likely before mid week as they are crystal clear that communication is one of the fundamental reasons why this change is demanded. SHs don’t appreciate being kept in the dark (old days)!

adreamer

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Hi All,

I can reiterate what @adreamer is saying about work continuing on trial preparation, JC advised me during the week that they continue on track and that the progress outside of Australia continues, to quote;

We met with many key stakeholders during the recent US trip and have continued to progress those discussions. We’re certainly making good traction outside of Australia.

Cheers

PAA Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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Last 20.5¢		Change -0.020(8.89%)		Mkt cap ! $81.16M

Open	High	Low	Value	Volume
20.0¢	21.0¢	19.5¢	$331.9K	1.617M

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No.	Vol.	Price($)
4	440882	20.5¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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6	66109	0.200
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Price($)	Vol.	No.
0.210	7736	2
0.215	120000	1
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0.240	60977	5
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Hi All, I can reiterate what @adreamer is saying about work...

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Hi All, I can reiterate what @adreamer is saying about work...

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