PAR 5.77% 24.5¢ paradigm biopharmaceuticals limited..

spoke to simonthe 'close out' costs have inflated the...

  1. 185 Posts.
    lightbulb Created with Sketch. 139
    spoke to simon

    the 'close out' costs have inflated the costs for Q4 which will not be replicated in q1-q2. By closing out in q4 they have more data to be able to go to the FDA with re 2 x 2 and BT etc i believe. The issue is clearly that even assuming they are sure on their forecasts and they get their R+D, they dont have a lot of cash by end June

    Paul has publicly stated a regional deal by H1... sadly here i think almost everything rests on that.

    They will soon i hope confirm 2 x 2. Let's hope they try for any get breakthrough. Let's hope they get an MPS deal. But ultimately they need a china deal to get the shares to 65c to exercise the options to finish the trials without further funding.

    MPS - see the reason for the delay. I wish they said this earlier but the reason for the delay is nothing untoward i believe.
 
watchlist Created with Sketch. Add PAR (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
-0.015(5.77%)
Mkt cap ! $85.70M
Open High Low Value Volume
26.0¢ 26.0¢ 24.5¢ $265.4K 1.050M

Buyers (Bids)

No. Vol. Price($)
8 130186 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 11571 1
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
PAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.