Bit of misinformation flowing today...
The ASX does NOT require companies to have 2 quarters of cash in the bank. It only has a reporting requirement that companies with less than that need to explain how they plan to operate with less funds or raise more funds.
MPL has been granted Orphan Drug Designation, NOT approval. Two very different things.
7 year patent protection on ODD drugs starts from date of approval, NOT designation.
Independent valuations for companies such as PAA aren't worth the paper they are written on.
Dumping MPL into unregulated territories (eg. Somalia, Afghanistan) isn't going to go down well with future licensing partners. China, India and Russia are all regulated.
Bit of misinformation flowing today...The ASX does NOT require...
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Last
23.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.03M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.0¢ | $118.8K | 504.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 193641 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 34996 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.000 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 24.0¢ | 23.5¢ | 235730 | ||
| Last updated 15.28pm 13/06/2024 ? | |||||
| PAA (ASX) Chart |