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

PAR

Click for more information

0.00%

23.5¢ paradigm biopharmaceuticals limited..

Ann: Successful Completion of Entitlement Offer, page-6

First 6 Last

Share
Profile

Follow
goldmad

1,034 Posts.

268

13/09/22

08:50

Post #: 63662028
Share

Originally posted by Luckyphil1: ↑

maybe because all shares rank equally. The retail component was good for retail as as it turned out it gave them an opportunity to buy as much as they wanted at same price as instos.
thinking about it the other way, had there not been a fully underwritten $20m retail offer then i dont believe the price would have gone as low as circa 125c. I believe the instos were keen to get their underwritten shares also so what better way than to keep price at or around offer price.
i think the outcome was a win/win/win. Par got their money. Instos got their underwritten shares and retail could fill their boots at insto offer price. Everyone got a chance to achieve their desired outcomes if they took action

Expand

Now let's see what Bell Potter do with those shares...

PAR Price at posting: $1.29 Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 104 more messages in this thread...

First 6 Last

Add PAR (ASX) to my watchlist

(20min delay)
Last 23.5¢		Change 0.000(0.00%)		Mkt cap ! $82.20M

Open	High	Low	Value	Volume
23.5¢	24.0¢	23.5¢	$41.39K	172.8K

Buyers (Bids)

No.	Vol.	Price($)
5	126390	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
24.0¢	162781	8

View Market Depth

No.	Vol.	Price($)
5	126849	0.235
13	115132	0.230
2	12060	0.225
7	177664	0.220
4	68705	0.215

Price($)	Vol.	No.
0.240	162796	9
0.245	99402	7
0.250	56368	4
0.255	61772	5
0.260	122632	8

Last trade - 10.50am 17/06/2024 (20 minute delay)


Last 23.5¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
24.0¢	24.0¢		23.5¢	43038
Last updated 11.01am 17/06/2024 ?

PAR (ASX) Chart