Received this today from analyst. Makes a lot of sense to me.
We have all done well out of Prima Biomed (ASX:PRR) from 4 tenths of a cent onwards. The next major move is on the cards. My reasoning?
In a couple of weeks Lucy Turnbull will be elected chairman so expect the big players to come on board, followed by a roadshow through the big end of town led by Ms. Turnbull. Institutional investors will come in so a significant upward movement before Xmas. Potential 20-25c from current 13.5c. Nasdaq listing imminent with major US players coming on board. Expect announcement on CVac trials for breast cancer early 2011. Excuse the expression but this is the glamour/celebrity end of the cancer treatment spectrum. Results from ovarian cancer tests reporting and dare I say it, we could be celebrating a $1 SP by May/June. Suggest you get set then pass on information. Would appreciate any other comments.
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