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PAA, PHARMAUST LIMITED
strawberry
post Posted: Mar 10 2008, 06:54 PM
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In reply to: RADIO on Tuesday 04/03/08 03:34pm

A real shame for PAA to lose their manufacturing business. The company update seemed to leave open the possibility of some action against their former Managing Director. They really got left in the lurch there.

 
RADIO
post Posted: Mar 4 2008, 03:34 PM
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user posted image
Recent ShareScene.com Radio Broadcast (04/03/2008 14:30:00):
PAA - Half Yearly Company Update - Mr Simon Owen, Chairman

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.
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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.
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strawberry
post Posted: Nov 28 2007, 08:43 AM
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In reply to: platypus on Wednesday 28/11/07 05:13am

I don't have any shares but watch it because it has fallen such a long way so quickly. It has dropped from 30 cents to 5 cents. It appears that lot of that has been the fault of its previous CEO who appears to have bailed which is very fortunate for PAA. The new team finally has a decent customer. IF it can turn things around then it would be interesting. But like you say, it does have a big overhang of shares, disgruntled shareholders, and a cash burn problem. But could be the start of something.


 
platypus
post Posted: Nov 28 2007, 05:13 AM
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In reply to: strawberry on Tuesday 27/11/07 03:20pm

disagree strawberry,mclarty was part off the old mangagement or does nt he take any blame for where this company ended up ,he needs to go as well,their is 118 million shares out their at 3 cents and another 70 million shares owed by the disgruntled crew all off these shares will be looking for a new home ,this dog ain,t going anywhere fast.with the cash burn of over 5000 dollars per day ,FUND RAISING will be just around the corner.just imagine where this will be if the market tanks itself ,get out while you can imho


 
strawberry
post Posted: Nov 27 2007, 03:20 PM
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In reply to: platypus on Tuesday 27/11/07 02:37pm

I thought this management might be much better than the previous ? You have to feel sorry for the lurch the company was left in by their previous head. Almost sent them broke. But its another companies problem now. Reading back through the announcement one can feel their pain. A good lesson in being careful who gets recruited to head the company and that they have a background of commercial success. Maybe they have turned the corner?

This last deal looks like finally something constructive that has been achieved with the new guys. I would imagine it would be a very low margin as its a cheap product and would have been a bit of competition for the contract, and mostly have to be shipped back east so that comes off the margin, but might be something to lever off and at least its a good size customer. I think they should be applauded for getting a customer at last.

Be interesting so see what happens. Too early to commit to anything before see some results but good job in my opinion..

 
platypus
post Posted: Nov 27 2007, 02:37 PM
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get out while you can,will be 3 cents again before you know it,dog mangagement ,dog company


 


RADIO
post Posted: Nov 27 2007, 09:08 AM
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user posted image
Recent ShareScene.com Radio Broadcast (21/11/2007 13:15:00):
PAA - PharmAust Manufacturing Secures Largest Ever Single Order - Mr Simon Owen, Executive Director

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.
-------------------------------------------------------------------------------------------------------------
ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.
-------------------------------------------------------------------------------------------------------------


 
RADIO
post Posted: Oct 16 2007, 04:46 PM
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Posts: 3,268
Thanks: 9


user posted image
Recent ShareScene.com Radio Broadcast (10/10/2007 16:10:00):
PAA - Company Update - Mr Simon Owen, Chairman

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.
-------------------------------------------------------------------------------------------------------------
ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.
-------------------------------------------------------------------------------------------------------------


 
strawberry
post Posted: Oct 4 2007, 08:03 AM
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In reply to: strawberry on Monday 06/08/07 08:36pm

Looks like PAA has been sunk? Lots of money lost over the last 18 months by those investors who contributed to the various capital raisings. Something good should come out of it hopefully.

 
strawberry
post Posted: Aug 6 2007, 08:36 PM
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icebergs? not this far south!

 
 


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