Honestly I don't see what's with all the obsession with nasdaq. the US price is going to follow Aus price not the other way round. I doubt any investor from US is going to pump enough money to make it fly without any announcements. am I the only one who's not surprise that the SP didn't surge due to the listing announcement? it's not like we already have the final product is it?
The only thing to look forward to is a positive ann from the company regarding the trial or manufacturing.
if you are here for the short term, hold tight, the positive ann should be around the corner (who list a stock on nasdaq without a positive spin to kick start the price?)
if you are here for the long term, well, hold on tighter. I doubt it will be a multibagger before the end of 2012.
pbmd nasdaq 19 april, page-11
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