PAA

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21.0¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-844

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Mikeys01

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19/07/24

12:50

Post #: 74828086
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Originally posted by NZ Trader: ↑

Last Day for the SPP
Closes at 5pm today

Should get an indication next week of the level of participation
What we do know is we have $10m from the Sophisticated Investors , Nearly a $1m to be tipped in by Management upon approval , I would hazard a guess at $3m from current SH , plus by all odds we should receive $1.5 to $1.8 from Fight MND
so speculatively $15+M on top of our current cash circa $2.8m so lets call it $17/18M that would be the most cash I have ever seen in the PAA Kitty "ever"

New Video , little bit more detail

The Previous Transition of the BOD and installation of new management Team should be water under the bridge now.
SPP will be holding back or anchoring the SP , plus the incoming dilution of the additional shares can take a week or two flush through. There will be a few instant profit takers as the SP begins the climb again.

Data is what moves the needle significantly but we have trusted Milestones ahead ,
1st Cash Raised
2nd Tablets Completed
3rd Trial Registration
4th Recruitment
5th 1st Patient dosed

Announcements to come surrounding the Liquid formulation
Plus looks like some pre-clinical work surrounding alternative Neurological Disorders.

So Management do need to keep Pushing Value and that PAA is a worthwhile Commercial Investment... Plenty of performers this month delivering 100% returns and PAA need to be mindful "Investors Require a Return on Capital Invested"

Once Phase II begins there is always a vacuum of news so best that SP gets up high before the silence erodes SH value...

Best of Luck to all Holders

Friday Frenzy ,, Busiest day of the week .... NZT

Expand

Well worth watching the investor update video summary on investor hub Website for - Healey ALS Platform Trial Selection announcement.

55 minutes of gold

https://investorhub.pharmaust.com/announcements/6431439

PAA Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 21.0¢		Change -0.005(2.33%)		Mkt cap ! $93.45M

Open	High	Low	Value	Volume
21.0¢	21.5¢	21.0¢	$85.73K	407.4K

Buyers (Bids)

No.	Vol.	Price($)
2	53482	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	278844	4

View Market Depth

No.	Vol.	Price($)
2	53482	0.210
4	139384	0.205
8	455445	0.200
9	277593	0.195
11	728952	0.190

Price($)	Vol.	No.
0.215	278844	4
0.220	330867	10
0.225	144118	3
0.230	163191	5
0.240	32634	2

Last trade - 15.15pm 19/07/2024 (20 minute delay)

PAA (ASX) Chart

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-844

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PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-844

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