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18.0¢ pharmaust limited

Good answer Lastly, cheers

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ArtistPete

192 Posts.

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05/07/20

09:45

Post #: 45649779
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Originally posted by Lastly: ↑

ArtistPete, the positive feedback loop explanation has occured to me but I'll say this - having watched PAA closely since mid 2014 and having made my first investment in the early months of 2015, and having watched the MPL project being derisked esp over the last couple of years (remember Pitney brought 3 projects into PAA, of which two were then suspended in favour of MPL), I believe that the intellectual property accumulated by PAA in that time makes it worth more than it is currently. I think the real problem is that would be investors have had a hard time getting their heads around what PAA is about, how all its pieces fit together, and I also think that there is a hangover from PAA's disappointments pre the merger with Pitney in 2013. I think the WEHI collaboration is changing the wider perception about PAA. And even if this surprise covid project doesn't lead anywhere, this has made a lot of people suddenly aware that this new mTOR inhibitor has god only knows what potentials. I'm guessing that this is what the chartists picked up. Just my opinion and dyor. Be sensible. Always. Cheers.

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Good answer Lastly, cheers

PAA Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 18.0¢		Change 0.000(0.00%)		Mkt cap ! $71.26M

Open	High	Low	Value	Volume
18.0¢	18.0¢	17.5¢	$30.05K	169.1K

Buyers (Bids)

No.	Vol.	Price($)
4	40858	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	251838	4

View Market Depth

No.	Vol.	Price($)
4	40858	0.175
12	334775	0.170
5	301780	0.165
4	66311	0.160
2	196774	0.155

Price($)	Vol.	No.
0.180	251838	4
0.185	156215	7
0.190	261881	8
0.195	55000	2
0.200	437000	4

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last 17.5¢			Change 0.000 ( 2.78 %)
Open	High		Low	Volume
18.0¢	18.0¢		17.5¢	95663
Last updated 15.08pm 23/05/2024 ?

PAA (ASX) Chart