update likely within a week, page-10

small sale on aim last night, but once again it went through at close to .12p; so .295 australian.

this appears to be the level at which buyers in the UK have to stump up in order to secure any stock.

the mooted update should provide a far clearer picture of revenue and I'm expecting some reasonable growth figures now they have apparently stopped reporting every sale. tax loss selling here now over and there are lots of good news triggers for pbi including progress on the pulmo side of the equation.

placement will be made to UK investors, and I had been thinking it would be made at a discount to present prices, I'm now starting to think the shareprice could run a bit before placement so the discount may not so great to current prices. UK buyers have shown they are happy to pay up to .30 .... a lot went through at that price in May. Expect more sales at that level when the news flow ramps up.