PER 5.00% 8.4¢ percheron therapeutics limited

what happens now

  1. 8,062 Posts.
    lightbulb Created with Sketch. 581
    The delay in Russia has now been resolved. We should see an update of the full 80 positions up and running very shortly, then it is hold the breath ahead of early 08 announcement.

    What happens now, do we trade 3-4 cents for the next 6 months??? I don"t think so.. The free float is very small (half the stock tied up by major instos/corperates) and people will want to start building positions ahead of the results. The downside is it goes back to 2.2 cents, the upside is it goes to 20 cents+, so with just limited downside compared to the potential upside, why not own a few?.

    Of course I own, but above is largely the reason why.




 
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