PAR 5.77% 24.5¢ paradigm biopharmaceuticals limited..

Looks to me that PAR has hit basement bargain prices. Even...

  1. 1,216 Posts.
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    Looks to me that PAR has hit basement bargain prices. Even Morgans probably thinks PAR is undervalued right now. There is not much PAR can do about a much needed market correction, but we may not see these low prices for a long time yet.

    1H2022 will be subdued due to PAR focusing on trial recruitment, while 2H2022 will see momentum build for this blockbuster of a company as PAR picks up steam. Any CR will be for around 30 mill and can be filled by a SPP or other finance options. I would prefer PAR approach a strategic investor or organisation with interests in OA as opposed to an investment company.

    The current market conditions do not provide much confidence for investors to 'buy the dip', but eventually market makers will have to find a way to offload all of those shares they've been accumulating over the last 4 weeks.

    Good luck all and lets hope PAR can rise up out of the dumps sooner rather than later.

 
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Last
24.5¢
Change
-0.015(5.77%)
Mkt cap ! $85.70M
Open High Low Value Volume
26.0¢ 26.0¢ 24.5¢ $265.4K 1.050M

Buyers (Bids)

No. Vol. Price($)
8 130186 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 11571 1
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
PAR (ASX) Chart
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