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21.5¢ pharmaust limited

PAA 2022 , Human Trials , Covid , MND , Oncology , HVTL-1, K9 Phase III, page-832

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502 Posts.

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06/07/22

16:17

Post #: 62404516
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Originally posted by Oldngrumpy ↑

No announcements, no promotion.
I’ve had enough. That’s me done.
Have now decided to accept my punishment (loss) for 4 years of blind faith in the ability of the board to achieve a commercial outcome on anything, and have commenced my gradual exit from PAA. Although others disagree with my view, I must respect my personal business principles with respect to a lack of continual disclosure by the company, and their complete disregard for stakeholder updates. In my opinion, public companies are not a secret society and with no feedback they resemble a number of sects which rely on blind faith and obedience.
I would have preferred to have had more detailed information about the status of the various trials before making my decision but I am not prepared to wait for a quarterly which, based on past performance, will only offer table scraps and hyperbole.
I have enjoyed recent hotcopper banter and hope my exit will herald a new wave of share price growth for those remaining and I would wish good luck to all intending to stay for the long haul.

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Always tough to call time on a company you have invested so much time and emotion into.
But i find it allows you to take a more balanced view of where the fundamentals are going.
All the best.

PAA Price at posting: 7.8¢ Sentiment: None Disclosure: Not Held
8 Upvote

0 Great analysis

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(20min delay)
Last 21.5¢		Change -0.005(2.27%)		Mkt cap ! $84.92M

Open	High	Low	Value	Volume
22.5¢	22.5¢	21.5¢	$5.76K	26.19K

Buyers (Bids)

No.	Vol.	Price($)
3	88652	21.5¢

Sellers (Offers)

Price($)	Vol.	No.
22.0¢	4998	1

View Market Depth

No.	Vol.	Price($)
3	88652	0.215
3	48000	0.210
4	198350	0.205
10	162503	0.200
4	276128	0.195

Price($)	Vol.	No.
0.220	4998	1
0.225	13423	3
0.230	70744	6
0.235	56822	2
0.240	22700	1

Last trade - 10.46am 06/05/2024 (20 minute delay)


Last 22.0¢			Change -0.005 ( 5.72 %)
Open	High		Low	Volume
23.0¢	23.0¢		21.5¢	61788
Last updated 10.59am 06/05/2024 ?

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