PAR 2.00% 24.5¢ paradigm biopharmaceuticals limited..

Interesting day.The coronovirus will ensure there will be more...

  1. 1,040 Posts.
    lightbulb Created with Sketch. 529
    Interesting day.
    The coronovirus will ensure there will be more days like this, but we had (some of us) been expecting pullbacks of 30% or so in the absence of news, because there is still no revenue and possibly not any for another 12 months or so.
    The shorters see stocks like PAR as game.
    What the coronovirus also means is there is plenty of other game around.
    What was interesting for me was the sharp clawback from 2.53 up to 2.93.
    At the close there is an 8c gap to sellers, which means LTH are inclined to hold.
    What that may also mean, is the clawback by PAR is not so attractive as other game for shorters.
    2.53 looks like a new (temporary) floor.
    We shall see.
    Not predicting, just suggesting explanation for today. All IMO. DYOR.

 
watchlist Created with Sketch. Add PAR (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
-0.005(2.00%)
Mkt cap ! $85.7M
Open High Low Value Volume
25.0¢ 25.5¢ 24.5¢ $88.45K 355.5K

Buyers (Bids)

No. Vol. Price($)
13 245094 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 27731 10
View Market Depth
Last trade - 14.03pm 22/05/2024 (20 minute delay) ?
Last
24.5¢
  Change
-0.005 ( 1.88 %)
Open High Low Volume
25.5¢ 25.5¢ 24.5¢ 280956
Last updated 14.33pm 22/05/2024 ?
PAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.