Bell Potter downgrade 23 November 2015, page-32

  1. 264 Posts.
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    I feel for people who overnight are making losses if not real but notional.. All I can say without having the ability to predict the future is this that stand strong if you believe in the technology of the company and that they have funds or can get access to funds to be able to get their products to the market...

    To get the company out of this debacle from the listing now has to be to stretch the cash runway, conclude a partnering deal and deliver positive clinical results.

    To the blackout period.. I don't know if it would help but the BP report at least did say as what has changed post the listing ..that they would expect US brokers who were managers on the company's listing on NASDAQ to assume coverage after the blackout period..

    We will have to watch and see what other brokers in the US also have to say. So far at least in Australia pro brokers are in minority while negative are more.. If nothing else might help to balance the perspectives out there...
 
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