Australia's largest stock trading and investment forum Australia's #1 stock forum

PAA

Click for more information

4.44%

21.5¢ pharmaust limited

I'd say it will be a quick placement straight to a fund probably...

First 7 Last

Share
Profile

Follow
NZ Trader

11,854 Posts.

6009

19/06/24

09:41

Post #: 74382870
Share

Originally posted by Jockthegreat: ↑

Well I don't think it was inevitable. In fact management were giving the impression that they were fairly certain of funding, which many read as funding other than a CR. A CR at these levels is always very very disappointing given the high we were at, and probably would have still be at, had management managed to contain their emotions.

But if it means we can get on with the trial then it is a necessary evil and bigger picture, not a bad thing. Before I rant too much I will reserve judgement as it may end up a mixed bag of CR, plus some other funding. Does give the impression though that there is no partnering at this point for whatever the reason.

Get the money and get on with the trial and promotion. We have much lost ground to regain.

Expand

I'd say it will be a quick placement straight to a fund probably the same as previous out of Singapore..

Should all be over on the day as no prospectus has been raised...

Investors sitting on the fence ,,, well done , see you here next week? NZT

PAA Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

NRX

Noronex joins forces with South32 to look for copper in Namibia

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

Talking Australia's very competitive property landscape: Realty Talks

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

AI stocks: What to expect in 2024-25

There are more pages in this discussion • 2 more messages in this thread...

First 7 Last

Add PAA (ASX) to my watchlist

(20min delay)
Last 21.5¢		Change -0.010(4.44%)		Mkt cap ! $95.68M

Open	High	Low	Value	Volume
22.0¢	22.0¢	21.3¢	$125.5K	578.7K

Buyers (Bids)

No.	Vol.	Price($)
6	144480	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	318615	3

View Market Depth

No.	Vol.	Price($)
6	144480	0.210
2	131081	0.205
10	480445	0.200
7	234593	0.195
9	708689	0.190

Price($)	Vol.	No.
0.215	318615	3
0.220	328081	9
0.225	723769	3
0.230	165235	6
0.235	117786	2

Last trade - 16.10pm 18/07/2024 (20 minute delay)

PAA (ASX) Chart