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5.77%

24.5¢ paradigm biopharmaceuticals limited..

WTF- what's with the share price movement, page-59

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jheybu444

204 Posts.

47

09/08/22

12:54

Post #: 63008457
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Originally posted by Zenox: ↑

1) The cash position is not as bad as originally feared, won't need a cap raise at least until mid 2023.
- We should soon hear about the R&D rebate, estimated to be approx 20 mill as suggested by others

2) Multiple inflection point catalysts about to drop in the next two months, which include:
- Canine and PARA 008 DMOAD top-line data read out
- A DSMB readout for PARA 002

IMO the SP hasn't even remotely priced in DMOAD for iPPS, which might explain the current SP action. I'm not yet sure if the current SP action is short sellers closing out their positions or funds buying in on anticipation of good DMOAD results. If the DMOAD results are good, then i expect it's going to be a buying frenzy in what is a tightly held stock.

My views only, not advice, dyor

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Hey I appreciate the words, thanks for that mate!
I didnt realise the PARA 008 data read out was forecast so soon. Looking forward to it.

@ROYISHUNGRY if you are having a bad day, just keep it to yourself next time

thanks

PAR Price at posting: $2.01 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 24.5¢		Change -0.015(5.77%)		Mkt cap ! $85.70M

Open	High	Low	Value	Volume
26.0¢	26.0¢	24.5¢	$265.4K	1.050M

Buyers (Bids)

No.	Vol.	Price($)
8	130186	24.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	11571	1

View Market Depth

No.	Vol.	Price($)
8	130186	0.245
8	120363	0.240
5	126753	0.235
5	146782	0.230
2	53000	0.225

Price($)	Vol.	No.
0.250	11571	1
0.260	15236	1
0.265	59987	2
0.270	10000	1
0.275	16347	3

Last trade - 16.10pm 31/07/2024 (20 minute delay)

PAR (ASX) Chart