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21.5¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-351

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JackBNimble

221 Posts.

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30/05/24

19:51

Post #: 74090961
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Originally posted by Grainofsand: ↑

Michael Thurn is well regarded by forward-looking shareholders, and most acknowledge that he was directly responsible for the excellent communications which highlighted what PAA are bringing to MND, and in turn saw the share price climb from single digits up into the 50c range in less than 6 months. It is one thing to have an excellent product (indeed the science of MPL speaks for itself), but it is another thing to have a CEO in our corner promoting the science! The old board seemed to take an approach more like "If you build it, they will come". Michael came along and showed that you need to take the news to the market, not sit idly by waiting for the market to wake up.

If I was a betting man, and I am (hence why I bought even more PAA at 18c), I would put money on MT returning either as CEO or other capacity, once the Board has settled and the logistics/mechanics of having a new board are sorted. I look forward to Michael and the new, re-invigorated, and enthusiastic Board taking PAA places very soon!

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great response thanks. I wonder how high the share price pops when/if he is reinstated

PAA Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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