Ann: Rodman & Renshaw Global Investment conference Presentation-PTX.AX, page-60

I am not liking the market action on PTX at this moment...as you say psych101..persistent selling...few buyers...market depth very poor...It needs an update from the company quickly to arrest any further loss on the SP...but if they cannot give an update on timelines this could go quite a bit lower.
The selling could be informed selling due to some delays in the the trials...especially the AML trial...which could be broken down into a short or lengthy delay and it feels like the latter to me.I did speak to PTX and felt there was a little bit of stress and frustration...but I could be wrong...it is very light turnover so it could move upwards quickly on a good announcement