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PharmaZen (PAZ on Unlisted)

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  • #46
    I am surprised (and not unhappy) with the liquidity. I thought I was buying into something that I might be stuck with for a few years (high risk I know - which was fine by me). I'll have no difficulty off loading at the moment if I wanted to.

    Edit - this is ticking over nicer than a Swiss clock - bang on schedule is the next tranche being offered at $0.21

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    • #47
      Well there is a bit of a risk with the Unlisted market. Seems they cant get the roller door to the premises open this morning so they are in a trading halt until they can get someone in to fix it. Rumor has it that the person who has backed the truck up for PAZ just went a bit hard
      Last edited by MajorMoke; 21-06-19, 11:25 AM.

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      • #48
        Originally posted by MajorMoke View Post
        I am surprised (and not unhappy) with the liquidity. I thought I was buying into something that I might be stuck with for a few years (high risk I know - which was fine by me). I'll have no difficulty off loading at the moment if I wanted to.
        What happens when the very large seller (I think I read 19m?) runs out of shares and all the new and long term holders have no one offering liquidity, doesn't then the reverse happen that anyone wanting to sell has to meet the bid which over time goes down because of the lack of liquidity, i.e. revert back to how it's been for years, basically illiquid?

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        • #49
          Originally posted by Buzz View Post

          What happens when the very large seller (I think I read 19m?) runs out of shares and all the new and long term holders have no one offering liquidity, doesn't then the reverse happen that anyone wanting to sell has to meet the bid which over time goes down because of the lack of liquidity, i.e. revert back to how it's been for years, basically illiquid?
          By then I expect PAZ will be on the main board. I have bought as a long term hold. I accept this is a high risk play. If my stop loss gets hit I may not be able to sell and may get severely burnt. In the mean time my 50%+ gain is providing a nice buffer

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          • #50
            409,029 traded at 20 cents this afternoon.

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            • #51
              Thought we might have reached a stalemate at $0.20 until the next lot of news.

              But no. The start of a new week sees a 1 cent gain to $0.21.

              Noice!

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              • #52
                Originally posted by MajorMoke View Post
                Thought we might have reached a stalemate at $0.20 until the next lot of news.

                But no. The start of a new week sees a 1 cent gain to $0.21.

                Noice!
                Like you I am pleasantly surprised.

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                • #53
                  Any one looking to sell,be quick as there is a buyer for 4,000 at 19 cents....lol.
                  Last edited by percy; 17-07-19, 01:22 PM.

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                  • #54
                    Hello hello 130,000 traded at 19 cents.

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                    • #55
                      Originally posted by percy View Post
                      Hello hello 130,000 traded at 19 cents.
                      No that's a double up, only 65k and I should know. Lol

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                      • #56
                        Originally posted by Couta View Post

                        No that's a double up, only 65k and I should know. Lol
                        Hello hello hello hello.????.....Welcome aboard.

                        Last edited by percy; 17-07-19, 02:34 PM.

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                        • #57
                          Originally posted by percy View Post

                          Hello hello hello hello.????.....Welcome aboard.
                          Well Thank you Percy, after doing my research I reckon this train is well worth boarding. PS-Im still accumulating.

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                          • #58
                            Originally posted by Couta View Post

                            Well Thank you Percy, after doing my research I reckon this train is well worth boarding. PS-Im still accumulating.
                            so you fighting over what’s available with my neighbour ..i’ll Tell he hasn’t a chance and will have to pay full price

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                            • #59
                              Originally posted by Couta View Post

                              Well Thank you Percy, after doing my research I reckon this train is well worth boarding. PS-Im still accumulating.
                              If you can next May,most probably the 14th or 21st,try and get to ChCh for PAZ's agm.
                              Always enlightening.
                              You will learn more in an hour or two, than years of reading...
                              Always upfront,and conservative,yet absolutely so very positive with their future opportunities and prospects..

                              ps.You have done well.
                              Last edited by percy; 17-07-19, 04:41 PM.

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                              • #60
                                Originally posted by Couta View Post

                                Well Thank you Percy, after doing my research I reckon this train is well worth boarding. PS-Im still accumulating.
                                You have not changed your mind already.?......................................... ....lol.

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                                HLG

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