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2.63%

19.5¢ paradigm biopharmaceuticals limited..

Ceviche, love the rationale and the numbers...now wait for...

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Mozzarc

4,348 Posts.

6891

29/03/21

19:38

Post #: 52123376
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Originally posted by ceviche: ↑

Pfizer know the potential for OA which is why they went all the way with the drug that just got rejected by FDA.
Now they will be hungry to fill the void in potential long term revenue and they know the cost for the trials for PAR, and they know PAR have that covered (even if down the track there may be another CR, may).
Whatever we might think about the right price, they will be running the ruler over the what PAR is worth to bid and when.

they also know J&J are making some progress with general inflammation treatment.

Can they afford not to make a bid for PAR?

For a $3b chunk of a $30b market in 5 years at 7x revenue for MC say >$20b, what would they pay know (if that were their numbers). It depends on their discount rate, say ~20% which gives a bid of $6b. That is $25 per share. As time goes by that price should be higher because there is less discounting.

At the very least they should be ready to go price at the time of the first readout.

IMO. DYOR.

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Ceviche, love the rationale and the numbers...now wait for Septmberish...(go Novemberish if you want to be conservative) and tell me what DMOAD will do to this said price exemplar...

PAR Price at posting: $2.51 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 19.5¢		Change 0.005(2.63%)		Mkt cap ! $68.29M

Open	High	Low	Value	Volume
20.0¢	21.0¢	19.0¢	$321.4K	1.618M

Buyers (Bids)

No.	Vol.	Price($)
3	90000	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	16216	1

View Market Depth

No.	Vol.	Price($)
3	90000	0.195
18	336310	0.190
4	68666	0.185
9	195648	0.180
6	131739	0.175

Price($)	Vol.	No.
0.200	16216	1
0.205	739	1
0.210	21207	3
0.215	105555	2
0.220	17066	3

Last trade - 16.10pm 30/09/2024 (20 minute delay)

PAR (ASX) Chart