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

PAA

Click for more information

0.00%

21.0¢ pharmaust limited

Jock, I think they could have announced that Monepantel caused...

First 83 Last

Share
Profile

Follow
adreamer

1,845 Posts.

2245

19/06/24

17:10

Post #: 74395486
Share

Originally posted by Jockthegreat: ↑

The CR is what it is. I am however curious as to why they really appeared to make no concerted effort to regain lost SP ground before pulling the trigger. Was this a strategy to get the sophs to buy in (hey we will keep it lowish around 20c, and then ramp it back to where it was). A bit dubious I know, but it seems odd that they appeared (from my perspective) to go quiet on promotion only to then pop in a CR.

Wonder what the thinking was. Why wouldn't you make every reasonable (key word being reasonable) effort to drive a higher SP to minimise dilution and all those good things.

Anyway,, I hope they get the other 10-20 million somewhere, because all this talk of an 'Australian' only trial is concerning. We need to full trial to get our approval. Let's not add further timelines to this. I'm hoping the new PAA doesn't fall into the ways of the old.

Expand

Jock,
I think they could have announced that Monepantel caused the patients to be able to walk on water and it would be hard to move the SP too much.
Everyone could see a CR required and that put a cap on anything and everything.

They won't go without the USA mate. Australia is 48 weeks, USA is 24 weeks. They comment on 24 weeks in the info pack.

Last edited by adreamer: 19/06/24

PAA Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
13 Upvote

1 Great analysis

Reply

Top Stories

I88

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

29M

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

PH2

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

There are more pages in this discussion • 77 more messages in this thread...

First 83 Last

Add PAA (ASX) to my watchlist

(20min delay)
Last 21.0¢		Change 0.000(0.00%)		Mkt cap ! $93.45M

Open	High	Low	Value	Volume
21.0¢	21.5¢	20.5¢	$106.7K	516.1K

Buyers (Bids)

No.	Vol.	Price($)
2	24033	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	55077	2

View Market Depth

No.	Vol.	Price($)
2	24033	0.205
10	437026	0.200
7	307849	0.195
13	836896	0.190
19	458709	0.185

Price($)	Vol.	No.
0.210	55077	2
0.215	314891	4
0.220	305364	5
0.225	119118	2
0.230	163181	4

Last trade - 15.22pm 22/07/2024 (20 minute delay)

PAA (ASX) Chart