SRX 2.70% 18.0¢ sierra rutile holdings limited

hit 52 week lows today - when will it stop?, page-8

  1. 360 Posts.
    re: good announcement I don't dispute that SRX has got a big headstart on PSD. However, PSD has already conducted successful trials on a small number of patients and, if all goes well from here, they expect it to be a commercial product in 2007, which is not really so far off. I can't help asking, if SRX is already in hospitals then why is the market so negative (apart from the reasons I gave myself)? What has to happen for the share price to return to $3+ levels?

    BTW, it's a very good announcement for SRX today and the market has at least reacted quite positively.
 
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