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2.50%

19.5¢ pharmaust limited

Company presenting at Techknow in Sydney (today)/ Melbourne (tomorrow), page-52

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FloatingCity

630 Posts.

107

01/08/24

12:07

Post #: 75024427
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Originally posted by Bunter62: ↑

The other indications - Parkinson's et al are just a teaser. MT has admitted we won't get far down the road with these as we will be sold if the ALS treatment works out. It always worries me when the market doesn't see what I see; as evidenced by the moribund share price. In valuing the company based on ALS success, the only variable is the risk of failure. At present the market is weighting the chance of FDA approval at between 3-5%. The question is why? I guess it could be lack of awareness or perhaps a lack of trust in the data due to small study size. The OLE is critical in maintaining SP momentum. Without continuing good results, I see the chance the chance of a buyout before the 24 week print as close to zero. However, if the OLE demonstrates a substantial slowing of disease progression and excellent survival rates then FOMO will kick in big time and BP will act quickly. Therefore I believe the next great inflection point is the release of the OLE results.

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Do you know when we can expect the next OLE results release, Bunter?

PAA Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 19.5¢		Change -0.005(2.50%)		Mkt cap ! $94.81M

Open	High	Low	Value	Volume
20.0¢	20.0¢	19.5¢	$156.9K	801.4K

Buyers (Bids)

No.	Vol.	Price($)
16	823726	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	347222	8

View Market Depth

No.	Vol.	Price($)
16	823726	0.190
12	271647	0.185
17	418587	0.180
4	287530	0.175
2	206000	0.165

Price($)	Vol.	No.
0.200	347222	8
0.205	272264	4
0.210	286402	6
0.215	255948	3
0.220	386927	6

Last trade - 15.53pm 01/08/2024 (20 minute delay)

PAA (ASX) Chart