ashtons presentation very interesting

went yesterday to the presentation ashton made at shawstock was quite interesting. He sed that there in talks with changing the PSIVIDA company name, and also doing a restructure of the company on a 4 to 1 basis. Getting rid of that excessive stock.

He also mentioned cash flow neautral in a few years which is always good to hear, therefore meaning no need to raise anymore cash through the market. He also said that he knows theres a few big buyers lurking around just not wiling to pay up atm, but that could almost be the reason for the recent high volumes in the trading of the securities of late.

The future seems very bright for PSD , everything that was said made sense and if only they thought about doiin all this any years ago then in my view the stock wouldnt be trading at these bargain levels. cheers.

jason