where to now???, page-17

Thanks Stoody

First off, after doing my research I have a strong belief that the phase 11b results will be positive, based on the statements by Dr Frazer, the new operational management structure, and the decision to put all eggs in the CVAC basket.

If this thing ever gets to market, I think the potential upside is astronomical, as outlined comprehensively in the Nomura report.

So.... first I am hoping Ben will print tonight, and we ride a little QE3 wave with the rest of the market (albeit modest), then I will be hoping for a ride up to the mid 20's on anticipation of positive results in October, after which positive results will provide a good kick in the SP which will probably over shoot the fair value, at which point I will take some profits off the top, and re-buy when the markets settles.

No doubt it won't got to plan, but I feel it's a good plan :)