I can see why you would feel this way, however they have delivered on what they said they would in their announcement on the 19th.
I think there is a real opportunity for people to catastrophize at times like this but if you look at the logical point of view:
- FDA were always going to ask questions, they sort of have to.
- It was delayed, clearly they were under the pump with the world the way it is, but here we are, they have finally asked them
- PAR have updated the market, as they said they would, on receipt of the questions. I can see why they would not want to share them.
- The wording from the FDA does not appear to point out problems without solutions, it sounds like they have proposed approaches.
In my opinion, I believe that if the FDA feedback was significant enough to jeopardise continuation, then PAR would have disclosed that.
Yes, my opinion only (so I could be wrong of course)
The share price drop was predictable, we've seen this before.
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.73M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 21.5¢ | $78.13K | 350.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 64880 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 43479 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 64880 | 0.220 |
12 | 212910 | 0.215 |
14 | 245866 | 0.210 |
8 | 182478 | 0.205 |
30 | 784855 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 43479 | 1 |
0.230 | 84999 | 2 |
0.235 | 26540 | 1 |
0.240 | 103500 | 4 |
0.250 | 109857 | 5 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
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