weekend biotech lab & lounge 27th july 2013, page-10

I've become a lover of biotechs recently. I'm currently a holder of ANP, BLT and unfortunately HTX (bad decision there). Like anyone else, I don't want to make the bad decision I did with HTX again.

I've been researching all weekend and keep being drawn back to the bargain that is PAA (PharmAust Limited). They have a wholly owned subsidiary EpiChem that is doing well and recently announced a share sale agreement to acquire 100% of market capital of Pitney Pharmaceuticals and they recently acquired the rights to three oncology product platforms. The share price is only 0.01 so it looks like this company has great potential. This is just my opinion but what do you think?