The other option to accumulate a significant holding is the PAAOA route. Paying roughly 6c now for the right to buy at 15c in April 2026 could work out brilliantly if the inflection points on PAA pan out as hoped for in which case PAA should be trading in dollars by then (not cents). If they don't eventuate as hoped for, there is every likelihood the share price will drop by more than 6c. A reasonable risk reward play in my opinion.
Ann: PAA completes Phase 1 and files for Orphan Drug Designation, page-372
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Last
22.0¢ |
Change
0.015(7.32%) |
Mkt cap ! $87.1M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 21.0¢ | $134.7K | 629.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24563 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 64222 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.015 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 22.0¢ | 21.0¢ | 340156 | ||
| Last updated 15.57pm 07/06/2024 ? | |||||
| PAA (ASX) Chart |