PAR 1.75% 28.0¢ paradigm biopharmaceuticals limited..

Z1332, it might help to go back and have a look at previous...

  1. 516 Posts.
    lightbulb Created with Sketch. 199
    Z1332, it might help to go back and have a look at previous discounts needed to get a cap raise done.. I think it was about 30%, but you can go and check and be more precise.
    We don't really know how much they have (or need going forward), but the 4C will be out in the coming weeks, so we will have better idea by end of month.
    I suspect they will game it the following way:
    Their strategy will be to release news (maybe FDA response to 2x2) with the belief that they think is positive for share price and try and take advantage of a supposed jump in share price. They will need to be quick out of the gates if there is any pop, as every previous pop has been sold into.
    As for how much dollars, they will take what they can get, but they need >$50m.


 
watchlist Created with Sketch. Add PAR (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
-0.005(1.75%)
Mkt cap ! $97.94M
Open High Low Value Volume
28.5¢ 29.0¢ 27.5¢ $83.90K 296.8K

Buyers (Bids)

No. Vol. Price($)
1 34310 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 126570 4
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
28.0¢
  Change
-0.005 ( 1.23 %)
Open High Low Volume
28.0¢ 29.0¢ 27.5¢ 130724
Last updated 15.52pm 16/05/2024 ?
PAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.