Dear All,
to me, EPT is looking very very good of late from a HOLd to now a BUY.
I belive this for the following reasons:
REASON NUMBER 1:
On 24/09/03 EPT with PSD made the following announcement "Epitan to Develop Melanotan® Products Using BioSilicon™".
Now, just 2 days ago, 13/10/04 PSD made the following news "PSD has been granted a further patent for BioSiliconTM......This patent specifically relates to the topical use of such Bio-mirrors as a means of protecting the skin from the detrimental effects of certain wavelengths of light where effective sunscreens are a vital component of daily protection against skin cancer and premature aging.......Furthermore, unlike many of the current materials used in sunscreens such as Zinc and Titanium, Bio-mirrors are biodegradable, so any material absorbed by the skin can safely dissolve".
"pSivida is actively exploring the commercialization Bio-mirrors with potential partners in the
field of sunscreens and dermatology. In this competitive area there are relatively few new technologies. pSivida expects the Bio-mirror technology to establish a new product platform for dermatological products"
Dont be surprised if the 2 will release an announcment together.
SECOND REASON: Im hearing whispers of FDA news or update on some FDA news with Epitan.. I dont have much on that rumour..as currently, it is a rumour!
Hope any of this is of assitance
Regards
INSIDER
curent Ptice: 96c (hold looking to BUY if it breaks $1.00) .. then a definite STRONG buy above $1.10
***why it will break new highs **
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Last
$15.32 |
Change
0.750(5.15%) |
Mkt cap ! $753.9M | |||
| Open | High | Low | Value | Volume |
| $14.90 | $15.32 | $14.70 | $1.164M | 77.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32 | $15.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.32 | 2837 | 1 |
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| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$15.24 |
Change
0.750 ( 4.16 %) |
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| Open | High | Low | Volume | ||
| $15.00 | $15.25 | $14.73 | 5824 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
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