Observing..., page-10

CB,

I agree that it wasn't worth holding for the successful event with the risk we were carrying. As I said yesterday it is a much better buy de-risked at 12c than it was at 8c with the risk.

But I do think the price will rise, as the shares get handed over to overseas plays, funds and pharma companies. I guess there were quite a few holders out there looking to offload one of their stocks at a profit after so many big falls in the sector.

The old "sp running up to results" doesn't happen anymore. Some have called it the pbt effect. They really hit the market bad, and there has been more since. Just over two weeks ago Alchemia let us down unexpectedly too (and I held a lot of their shares).

But with the reduced risk, and great results given the trial length, dose and older subjects - this really is a good buy imho. Nobody mentioned it yesterday but neu will be a serious takeover target now.

As for the "ranting and raving" - I found it quite bizarre. Like winning the lottery but complaining about the train fare to collect your huge cheque.

ps. I did expect to see "held" in your position disclosure today.
pps. daeff, good to see that you hold some neu too following acl's flop.