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21.0¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-921

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FloatingCity

611 Posts.

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23/07/24

17:23

Post #: 74878517
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Originally posted by Jakjazz: ↑

Misleading.

Of course any valuation of the IP would impact the SP...not necessarily the day to day trading price but imagine if BP came knocking with a TO price of 20 cents per share and we have an IP valuation of $2/share.....you gonna sell. it also allows share owners to understand the potential value of their shareholdings so therefore less willing to sell at the current SP leading to a rise in the SP

Think of selling your house and you have a valuation 20% higher than what similar houses have sold for. Are you going to put the property on the market knowing the market will buy it at a 20% discount to the valuation. Unless you are desperate smart owners will hold and use the professional valuation as a marketing tool for the higher price.....just as PAA should.

A valuation avoids the potential for PAA to be sold dirt cheap to a BP crocodile. It will also influence the sales attitudes/pricing requirements of current holders. To say a reputable valuation will value PAA at its current SP is misleading and ignores the various rigorous valuation methodologies in favour of the simplistic current SP.

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Hopefully MT will have a valuation arranged in the near term.

PAA Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 21.0¢		Change 0.000(0.00%)		Mkt cap ! $93.45M

Open	High	Low	Value	Volume
21.0¢	21.5¢	20.5¢	$30.47K	145.0K

Buyers (Bids)

No.	Vol.	Price($)
6	80286	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	27509	4

View Market Depth

No.	Vol.	Price($)
6	80286	0.205
11	478195	0.200
7	279132	0.195
15	905660	0.190
17	343061	0.185

Price($)	Vol.	No.
0.210	27509	4
0.215	256933	2
0.220	425775	7
0.225	420666	1
0.230	165858	4

Last trade - 11.07am 24/07/2024 (20 minute delay)

PAA (ASX) Chart

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