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57.5¢ paradigm biopharmaceuticals limited..

Looks like they were picking $1.67 upon "successful" results....

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Eweezy

237 Posts.

8

18/12/18

17:14

Post #: 36896709
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Originally posted by 88888acct: ↑

I am agreeable with all that.

The major difference with BIT was a loss was priced in (remember their market cap was less than $10m at the time of phase 2 results announcement - it's significantly under FTT's now also).

By comparison, according to Morgan's, a win was priced into PAR's market cap prior to the results. As such, the results needed to be really really compelling - the lack of disclosure of the full results didn't help this, but perhaps the peer reviewed results sometime in 2019 may fix the perception that they added gloss. Until then or a deal (also a sign that the under the line results are strong given full disclosure would be required within a data room) it's probably a hold at best at these levels.

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Looks like they were picking $1.67 upon "successful" results. Would have been sweating on the open and all the way up to $2.15 today!

PAR Price at posting: $1.50 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 57.5¢		Change 0.080(16.2%)		Mkt cap ! $82.30M

Open	High	Low	Value	Volume
50.5¢	58.0¢	50.0¢	$753.7K	1.388M

Buyers (Bids)

No.	Vol.	Price($)
2	3168	57.0¢

Sellers (Offers)

Price($)	Vol.	No.
57.5¢	102000	2

View Market Depth

No.	Vol.	Price($)
2	47906	0.245
3	82048	0.240
2	32293	0.235
8	110599	0.230
7	89672	0.225

Price($)	Vol.	No.
0.250	13363	1
0.255	34148	4
0.260	6415	2
0.270	19081	2
0.275	13636	2

Last trade - 12.31pm 04/12/2024 (20 minute delay)

PAR (ASX) Chart