tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Paradigm Biopharmaceuticals Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Paradigm Biopharmaceuticals applied to quote 10,037 new fully paid ordinary shares on the ASX.
  • The small share issue reflects routine capital management and modestly expands Paradigm’s listed equity base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paradigm Biopharmaceuticals Seeks ASX Quotation for Additional Ordinary Shares

Claim 50% Off TipRanks Premium

Paradigm Biopharmaceuticals ( (AU:PAR) ) has shared an update.

Paradigm Biopharmaceuticals has applied for quotation on the ASX of 10,037 new fully paid ordinary shares, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities reflects routine capital management and slightly expands the company’s listed share base, with limited direct impact on its overall capital structure but maintaining flexibility for ongoing funding of operations and development activities.

The most recent analyst rating on (AU:PAR) stock is a Hold with a A$0.32 price target. To see the full list of analyst forecasts on Paradigm Biopharmaceuticals stock, see the AU:PAR Stock Forecast page.

More about Paradigm Biopharmaceuticals

Paradigm Biopharmaceuticals Limited is an Australian-listed biopharmaceutical company (ASX: PAR) focused on developing and commercialising pharmaceutical therapies, operating within the life sciences sector and accessing capital through the Australian Securities Exchange.

Average Trading Volume: 885,603

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$143.1M

For an in-depth examination of PAR stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1