There is in fact a very good chance of a cap raise, in fact the CEO mentions is in most of his interviews. I don't think this is what is driving the price down. It is probably a bit of the results already being baked in and people not willing to wait 12-18 months for the real catalyst. Back into hibernation we go it seems.
PharmAust media thread, page-79
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $100.1M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $194.1K | 889.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4996 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 114999 | 4 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PAA (ASX) Chart |