I can"t see any particular seller of note to be honest. The positive earnings flow, the removal of the lodge overhang, all suggest current pricing is still cheap.
Its Total return for the last 3 years is -24%, so it has still not recovered from its debacle of 2003/2004 , and is only 6 months away from the results of a phase 2 trial.
Compared to its peers its looks cheap.
announcement, page-5
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