Guess it’s my turn.
As I’m from the funds management industry, first heard of PAR from a fund manager managing a small cap fund, read his thesis, thought this was an interesting story. This was a value play at first (Value vs Growth) so that’s what interested me, also the potential growth prospects. Started doing more serious research, discovered who was running the place - checked out management and their alignment (they substantial holding). I also reread some news stories, monitored for a few weeks. I was curious if the price action straight after Phase 2B results, why it dipped so much below on the day (but the rumors, sell the facts), and also CR. I though initially that this CR price would hold but it didn’t. This was a red flag initially.
once I saw the bounce at $1.39 ish, it was on my radar again, then it passed CR price $1.50. I entered some above here.
So I was a latecomer to this story, not like some of you lucky ones!
The price dipped again but I bought some more at $1.39, then news came about secondary end points, biomarkers, peer review. I added more along the way and never looked back.
btw, as I mentioned the fund manager who was present at the AGM was Michael Goldberg, there was at least one fund Mgr I saw.
Anyone who is interested, I did a lot of studies and research during my times working for a corporate, Price Momentum is one of the most reliable indicators in identifying losers and winners.
My take for what’s its worth, I think PAR will partner with a pharma company to take OA to market.
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Last
25.5¢ |
Change
0.020(8.51%) |
Mkt cap ! $89.19M |
Open | High | Low | Value | Volume |
23.5¢ | 26.5¢ | 23.5¢ | $263.5K | 1.057M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 155790 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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26.0¢ | 80000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 114120 | 0.240 |
8 | 245399 | 0.235 |
10 | 151403 | 0.230 |
3 | 155000 | 0.225 |
6 | 61549 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 80000 | 2 |
0.270 | 21950 | 2 |
0.275 | 10000 | 1 |
0.280 | 16332 | 2 |
0.285 | 10000 | 1 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
25.0¢ |
  |
Change
0.020 ( 6.38 %) |
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Open | High | Low | Volume | ||
24.0¢ | 26.5¢ | 23.5¢ | 218514 | ||
Last updated 15.58pm 07/05/2024 ? |
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