PAB 16.7% 0.4¢ patrys limited

Ann: PAT-DX1 Active in Pre-clinical Cancer Models, page-143

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  1. 48 Posts.
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    I did not think Akki was speculating about an impending buy-out deal for PAB. She was merely commenting that if an early stage cancer biotech has a very good pre-clinical asset (...and from what we know PAT DX-1 ticks a number of boxes in this regard as per the most recent ASX release - i.e., novel, newly discovered mechanism of action, good IP, can target multiple cancers esp solid tumours, potential to work in synergy/combined therapy with other therapies, has the ability to be conjugated to radio nucleotides or nano particles etc etc), then there are many precedents for early stage/pre-clinical buyouts by big pharma. She was also stating (not speculating) on what we know now about the pre-clinical characteristics of PAT DX-1 in a very measured and informed way.

    In regard to FDA approvals - for most small cap/early stage biotechs listed on the ASX, the path to FDA approval will usually come after the takeover by a big pharma parent. In this regard she is not speculating either and just stating the normal course of events for any successful early stage/discovery focussed biotech.

    Jim, I am sure you would like to see the PAB price fall to 0.004-0.006 cents again and then sell at 2c!!

    Long-term PABsters be aware - the traders are very good at downramping and upramping - just have a look at the historical posts for some of the "traders" the ill-founded, inconsistencies and contradictory comments for any given stock will amaze!!
 
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