things appear good, page-14

Dma,

Sorry for the delay in responding, but I was waiting for my niece & nephew to get their orders through.

Crazy though it may be, I've actually taken the unwise step of recommending the stock to family ... although in this case its not too dangerous, my sister will reimburse them if they make losses ... but they get to keep the profits when the share doubles / triples / > greater multiples. Not too many investors get that kind of start on the market, heh?!

I'm not vain enough or stupid enough to think that something I write here will affect the SP. However, if bullish comments in a post influences even one investor to make a trade or alter their price / volume for a trade they were going to make, I didn't want it to interfere with my relo's picking up some PLT stock at the best possible price (atm). I'm sure most do it on HC ... you don't comment on how good a stock is going to be until you've made the purchases you wanted to.

That said ... (and not just a ramp for family! ...)

I believe PLT is on the threshold of its next big jump, and I think it will start in a matter of days, if not weeks. I say this because:

- they have been well overdue for positive news confirming sales (TruScreen) they have been predicting for quite a while now. From being one of the noisiest companies in terms of ASX announcements last year, they've become one of the quietest since the capital raising

- we know that CerviScreen is due to be launched soon (1st Quarter '08, originally scheduled for late '07). They were waiting on the research to complete before applying for TGA / CE approval. Nothing has been mentioned in either regard (yet). Also, an international distributor is yet to be announced.

- the directors bought-up big late last year (approx. $200K at 43.4c and $450K at 40c). At the time we were wondering how they could do that when there were about to be big announcements (so we thought ... they didn't happen). The SP has been much, much less than that, and yet they haven't dabbled again. This is likely to be one of two things ... there are big problems we don't know about yet, or there are big announcements pending, and it wasn't appropriate to top-up so soon. The 'big problems' argument appears to have been rejected based on some conversations the company has had with Dabru etc. (including another user from another share site that I know and respect). Therefore, it's pointing towards announcement(s) being imminent.

- whilst coming from a very low place, the SP has been relatively bullish compared with the rest of the market in the last week or two

- the SP has absorbed the 1st round of Convertible Notes conversions (end of last year) quite well, given the overall market conditions. I believe a lot of the selling strength is from a number of such investors trying to convert some of those newly received shares into cash (money that was not available for one year), especially to take advantage of current market conditions. There have been a lot of investors happy to buy their shares.

- there are new countries yet to be signed for TruScreen (including South America etc.), and evaluations of sales estimates are outstanding in other countries (e.g. Europe? etc.)

- there are so many balls in the air for the company, there is likely to be a number of positive items that could be announced ... too hard to pick, almost!

- there are also rumours around that a very bullish announcement is due to be released within the next week or so, but you should treat them as what they are ... rumours. However, the timing does seem right, for the various reasons I've listed above.

So, the above is a 'dump' of my thoughts and current anticipation.

All those who read this, do with it what you will, and of course, DYOR and don't make any trades influenced by my ramblings (all disclaimers apply; don't sue me!).

Also, I am a total optimist who has had the 'feeling' that PLT was about to go ballistic for the past half-year whilst it's been retracing from its (recent) high of 70.5c. However, it does feel different this time ... there are lots of reasons why it should be about to launch into the multiples that have been talked about by many including the directors.

As mentioned in my previous post, I topped up again (although I already have heaps), unfortunately at the 30c & 30.5c level rather than 25c, but it's still very cheap ... as has been my nephew & niece's 32c purchases. I purchased, and recommended they did, as I expect it to be an easy doubling of the investment in the short term, and much bigger multiples into the future. I'm sure that's what the directors were thinking when they recently topped up at 40c+.

Let's hope I'm right!

Cheers all, and best of luck.