PAR 6.52% 24.5¢ paradigm biopharmaceuticals limited..

Try this on for size wazza and then I think you will agree with...

  1. 545 Posts.
    lightbulb Created with Sketch. 218
    Try this on for size wazza and then I think you will agree with @marykegeorge!
    So in late October, from their quarterly release they stated they had spent $21.9m for the qtr (Sept qtr finish) after telling people in the market that it would be $16m ish. That quarterly statement also said a cash balance of $33.6m for Sept qte end

    Then they did a capital raise at .43c, raising $30m (late Nov).. All the while telling people they were funded through mid 2025 and also guiding the Dec quarter spend to be about $8m....

    You wanna guess what they spent in the Dec quarter???? Answer = $27m big ones, more than 3x the amount they had guided.

    So marykegeorge is right on the money when sayin the management (and you shareholders) have no f$%&ing idea.
 
watchlist Created with Sketch. Add PAR (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
0.015(6.52%)
Mkt cap ! $85.7M
Open High Low Value Volume
23.0¢ 24.5¢ 23.0¢ $116.0K 491.1K

Buyers (Bids)

No. Vol. Price($)
1 50000 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 33682 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.