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20.5¢ paradigm biopharmaceuticals limited..

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The Whale1

2,756 Posts.

274

04/01/24

16:34

Post #: 71728300
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Originally posted by PARdonthepun: ↑

The same reason I buy lotto haha

The odds aren't that bad, I was just being dramatic.

It feels super unlikely to see a stock go from 42c to $50 or even $300. Doesn't mean it can't or won't, just feels ridiculous to even suggest it might.

Stranger things have happened though and based on the drug, there is no reason it couldn't, its just whether we actually get there or not. So many companies seem to fail along the way.

I once invested in LNG... The ticker, not the raw material. Went from 35c to $5... Valued at billions, had a wicked tech for cheap liquidation of gas, and billions lined up in funding.

Years later its delisted. I don't think they ever got full approvals for their plant in the US.

My point is, we can have amazing tech, but government and management are always massive factors.

Maybe the odds are 1000:1 that we make it to the big time, still far better than Saturday lotto which is 8m:1

I'm also down nearly 70% in 12 months, so you won't catch me selling anytime soon unless I want to be single.

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Fair call mate! I average out now at 80 cents having first bought in the 2s.

Its been a very very painful hold. Hoping 2024 is the year this turns around.

PAR Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 20.5¢		Change -0.005(2.38%)		Mkt cap ! $71.73M

Open	High	Low	Value	Volume
21.0¢	21.0¢	19.5¢	$323.1K	1.612M

Buyers (Bids)

No.	Vol.	Price($)
1	324	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	52928	5

View Market Depth

No.	Vol.	Price($)
1	324	0.205
4	51564	0.200
6	188903	0.195
19	418023	0.190
7	134000	0.185

Price($)	Vol.	No.
0.210	52928	5
0.215	16833	2
0.220	23800	4
0.225	42062	1
0.230	78202	7

Last trade - 16.10pm 28/10/2024 (20 minute delay)

PAR (ASX) Chart