PAA 2.86% 18.0¢ pharmaust limited

Ann: MND Biomarkers and Pharmacodynamics Results, page-78

  1. 2,565 Posts.
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    "........... PAA may be on track to counter SOD1............"

    Many thanks that summary info Kpax. Great news in this announcement but just not sure the market will yet get their collective heads around the real significance of this early stage trial. Obviously Associate Prof Mathers cottoned on to what this may all mean. It would be great to have her agree to a more in depth interview where she may be able to (simply) explain the more broad significance of what this may all mean. Certainly looking cautiously optimistic for anyone with MND which is fantastic.
    From an investor perspective have a gut feeling we have more (significant) news to come. Management have already thrown out a few clues of what may develop. The recent CR was conducted in a way that has left open the opportunity to go again in the sort term anywhere up to 25% of the new SOI. So a further circa $7 mil. Could this be the big push ? Would it be used for a near term cornerstone (player) deal ?
    RA has stated he would like to take a step back. Is this still in play and if so will we soon learn of a new CEO to onboard ? One who knows how to play this game of market development ?
    Stay tuned - we may well be in for revolution rather than evolution.
 
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