PAR
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15.1% 22.5¢ paradigm biopharmaceuticals limited..

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  1. MixedBag
    796 Posts.
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    03/05/24
    16:52
    Post #: 73655972
    Not much money required to "fill the gap"?

    $26.2mill in bank on 31st March, 2024.
    Estimated upper limit cash outflow of $10mill outflow this quarter => $16.2mill bank balance on June 30, 2024.

    And we haven't even started recruiting for the Phase III trial or paying people to write the TGA application. Next quarter we have to capital raise, get a JV partners or get a $100mill loan.

    PAR Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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