Australia's largest stock trading and investment forum Australia's #1 stock forum

PAR

Click for more information

0.00%

26.5¢ paradigm biopharmaceuticals limited..

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-33

First 33 Last

Share
Profile

Follow
crocokoala

516 Posts.

43

31/01/24

09:57

Post #: 72150836
Share

Originally posted by Zenox: ↑

Well that's all folks, it's been a wild ride. PAR is basically washed up now, requiring two P3 clinical trials at 2 mg/kg dose. At least we know how much each will cost ~ 150 mill for both. PAR won't be able to raise these funds.

PAR's best options are to either sell up or to focus solely on the AUS market IMO. Unsure if they will even be able to deliver on any of their current promises. I doubt they will initiate stage 2 due to lack of funds. PAR blew it's chance when it gambled on the 1.5 mg/kg dose over 2 mg/kg dose. Also unsure why the burn rate is 8-11 million when all clinical trials have wrapped up.

Anyway they have a data package now that may be worth at least something to big pharma so PR should really start tapping big pharma before the SP reaches 1 cent.

My views, dyor, GLTAH

Expand

unfort have to agree. Will hang in a little longer then get out to at least make a tax loss. Risk of delisting now and being left with shares we can’t sell. Funding pipeline basically as much hope as Powerball. Now there’s a thought…

PAR Price at posting: 37.5¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

What's causing the cost-of-living crisis, and how to navigate it

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

There are more pages in this discussion • 204 more messages in this thread...

First 33 Last

Add PAR (ASX) to my watchlist

(20min delay)
Last 26.5¢		Change 0.000(0.00%)		Mkt cap ! $92.81M

Open	High	Low	Value	Volume
27.0¢	29.0¢	25.5¢	$430.3K	1.585M

Buyers (Bids)

No.	Vol.	Price($)
1	5500	26.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.5¢	36162	3

View Market Depth

No.	Vol.	Price($)
1	5500	0.260
3	61837	0.255
3	45200	0.250
1	15000	0.245
5	87084	0.240

Price($)	Vol.	No.
0.265	36162	3
0.270	25000	1
0.275	3350	1
0.285	46000	1
0.290	68778	4

Last trade - 16.10pm 18/10/2024 (20 minute delay)

PAR (ASX) Chart