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

PAA

Click for more information

2.86%

18.0¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-773

First 773 Last

Share
Profile

Follow
qwert0

507 Posts.

299

11/07/24

09:42

Post #: 74702044
Share

Originally posted by Buckland: ↑

To me it seems strange that holders of the original options haven't started converting those options.
When the conversion price is less than the cr price, ànd when converting the options the money goes direct to PAA the same as the cr but doesn't attract any commission.
If they get the money from the cr and then get option holders to convert then I think the two lots of money would go close to having sufficient funding to complete the trial.
I have requested a very small amount in the cr, unlike some on here I don't have a lot of money I can afford to risk.
I also don't understanding how some can be stating they don't think they can get anymore as one could order up to $30k worth of shares and not based on the number of shares held.
As for the change in the board affecting the current sp, to me this had a much less affect on the sp then the resignation of MT, I expected a rise in the sp when MT pulled his resignation

Expand

The options don't need to be converted until April 2026. Why would anyone ~~waste~~ spend 15c per unit converting now for zero benefit, when they could invest that money in more options instead?

PAA Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

Wealth Within: Why the stock market isn't going to crash and more with Dale Gillham

From the Floor with Kim Beazley at Diggers and Dealers 2024

RBA keeps rates steady at 4.35%, reflecting expectations

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Revolutionary inverter technology leads the clean energy charge

There are more pages in this discussion • 206 more messages in this thread...

First 773 Last

Add PAA (ASX) to my watchlist

(20min delay)
Last 18.0¢		Change 0.005(2.86%)		Mkt cap ! $87.51M

Open	High	Low	Value	Volume
17.5¢	18.3¢	17.5¢	$142.8K	796.4K

Buyers (Bids)

No.	Vol.	Price($)
4	280599	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	122162	10

View Market Depth

No.	Vol.	Price($)
4	280599	0.175
4	219411	0.170
6	64700	0.165
3	81800	0.160
2	65620	0.155

Price($)	Vol.	No.
0.185	118473	9
0.190	149647	8
0.195	227316	9
0.200	1217760	13
0.205	147000	2

Last trade - 14.00pm 06/08/2024 (20 minute delay)

PAA (ASX) Chart