newsletter is out, page-43

Until then with the exception of a 'surprise' deal 'with dollars' I'd expect the sp to slowly drift south

I think it pointless to speculate on the sp drifting south. The sp could just as easily firm or track sideways....as clearly some believe this to be a good entry point. Others who are risk adverse are reducing or exiting their holding. In the end these are just small retail holdings which will always bounce around. Top 20 holders are staying the course.

But...show me some serious news and you will see a serious price movement. A positive clinical result from the OxyM multi dose trial as one example will trigger a massive rerate imho. "Surprise" deals with dollars are also possible from Nippon Zoki, Novartis and South Korea to name a couple of canididates. POH is simply pregnant with opportunity and blue sky.