PAA 10.2% 22.0¢ pharmaust limited

The Final Charge , Phase I/II MND Results & FDA ODD Approval Catalyst, page-19

  1. 3,197 Posts.
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    My thoughts re any manipulation:
    Most "manipulation" in a low volume stock like PAA is usually brokers putting in small orders to keep things moving, or pros testing supply/demand across price levels - nothing significant.
    IMO there simply isnt enough value being traded in PAA to make a worthwhile amount of money for manipulators, unless of course someone is accumulating/selling out over a long timespan- the volumes (and top 20 list) suggest accumulation if anything, which is a good thing for the LT holder, but again is a lot of work for little reward.
    The only other "manipulation" that would be feasable would be someone buying low and driving the price up to sell at the highs- there might have been a bit of this going on, but one would have expected the SP to come back faster than it has. The big buys that were coming through in the heat of the recent sp increase also suggest that something more genuine is at play.
 
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Last
22.0¢
Change
-0.025(10.2%)
Mkt cap ! $88.87M
Open High Low Value Volume
24.5¢ 24.5¢ 22.0¢ $242.1K 1.052M

Buyers (Bids)

No. Vol. Price($)
10 353556 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 116392 5
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Last trade - 13.08pm 30/04/2024 (20 minute delay) ?
Last
22.5¢
  Change
-0.025 ( 8.16 %)
Open High Low Volume
24.0¢ 24.0¢ 22.0¢ 611390
Last updated 13.19pm 30/04/2024 ?
PAA (ASX) Chart
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