PAB (ASX) Ann: PAT-DX1 Crosses Blood Brain Barrier to Reduce Tumour Size

Originally posted by beefarmer ↑

The corporate presentation together with the interest in a novel cancer treatment really spells out a very exciting situation with a carefully detailed plam of action. I really like it. Now. But a month ago I was weary. Can I tell you a story about my recent madness, irrationality and getting back on board. Not so long ago I bought up a swag of these. My average was over 2 as I was again the buyer in the highs. It seems I am buying many at their peaks. Well should I say peaks at THAT time. The stock dropped to about 1.8 to 1.9 when they announced a cap raising at 1.7.

I felt sick to be honest even though I have been there before with an even bigger investment. But this time I thought that the sp would fall to 1.7 as some or most cap raisings do. I was seriously worried, I quite a bit there but I was uneasy. Where did my hold position at all costs go? Where was the confidence that I had shown in the research go? I am glad I am not a trader per se but then something happened.

Something that happened today in the amazing share price movement of PAB. 4.8 to 6.6 to finish. Perrrverrrse, but at least the company is out there. I read and am really happy that very long term holders are actually smiling for the first time in years. Just goes to show that amazing things do happen. So back to that day when they shot up from about 2 to 3.1. I do not know why, but I sold all but a holding that was worth four thousand dollars. Was it panic. Undoubtedly. I thought that I was given a chance to get out but also to get out and make a profit. Damn amazing feeling I can tell you.

Let me tell you that there is no difference in the feeling of this share, and others, when things go awry. It does not matter what the investment amount is.five hundred dollars to some is the same as much more to others. But I was lucky as I was entitled to the rights issue. I fully subscribed and sent in my cheque.

The rest is at this point is history. I have my rights stock but I have since added, and added as the more I read, the more I like. I am not going to go into what floats my boat in a pharmacological manner when potentially dealing with serious malignant tumours, but what impresses me always is the market cap here.

My holding TODAY surpasses easily the investment I previously had and on paper at least I am glad. I am in this game for a dollar of course, but ultimately it will buy me more time with the family and more time travelling. I like to treat myself by selling part profits also as I have learnt from the past.

Where all this goes is anyones guess, but if the rat and mouse studies show up what the market seems to suggest they will, and the good director doctor buying two weeks ago, hello hello, we then are dealing with something really special.

To re-iterate the sentiment that you have to have skin in the game to enjoy the ride, it was last week that a colleague at work wanted a bit of insight. He said he had five hundred dollars to invest. I got five hundred extra and told him to spend a grand, OUR grand and buy at 2.2 at market.

Yes, he is happy. I am happy. Shareholders of long standing are happy.

But how happy will patients potentially using this therapy be?

Sorry for the long tale but I am sure it is not uncommon.

I was not going to stick around at this point.

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Thanks BeeFarmer

I've been in this since 5 cent capital raising days. I'm a working Dad with 2 toddlers. If this reaches 20 cents our young family will be a chance of living mortgage free which will be a dream come true for us.

Hopefully goo things do come to those who wait (and hold).

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Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $14.40M

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0.7¢	0.7¢	0.7¢	$428	61.16K

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