PAA 0.00% 21.0¢ pharmaust limited

I think they only raised partial funding as a stop gap to keep...

  1. 609 Posts.
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    I think they only raised partial funding as a stop gap to keep the company operating and get the trial ground work underway while seeing if a potential partnership / licensing agreement can be reached.

    If nothing materialises, then I guess they’ll raise the required trial funding from another CR, hopefully at a higher SP.

    If that’s the case, quite a thoughtful approach and respectful of the shareholders, particularly the Directors participating substantially.

    Annoying for traders, but good for those with a longer term out look.
    Last edited by FloatingCity: 19/06/24
 
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