I have just listened to the conference call. The overwhelming agreement of all of the scientists on the call was that they were very impressed, excited even about the BNC210 Phase 2 GAD test results. There was universal agreement that BNC210 has tremendous prospects etc.etc. What I find a little bizarre is that the market doesn't seem to share the same level of enthusiasm. It is like the market is treating the results the same way they would treat a set of 'bumper' drilling results from a newly formed mining company - with skepticism that these results can be repeated or are significant at all. This seems to me to be a cultural peculiarity of the Australian market and shows a level of disrespect for facts and expert opinions that is in view a self defeating character flaw. In a wiser market where expert view are better respected, the SP would be at a very different level.
K
BNO Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
