price equilibrium

It seems that over the last couple of days the market has settled on a price around 7.7c. Traders have moved on to other stocks such as TMS (the steam seems to have gone out of that too). On the 5th December SIE announced the launch of the new hepititis vaccine in Vietnam. In that announcement the company flagged the products launch in the Philippines this month.

"The company will continue to roll out Sci-B-VacTM across the region, Health authority registration
has been gained in the Philippines with launch anticipated in the 4"' week of January 2003. Other
registrations in the Asia Pacific region are expected in 2H FY03...."

Also below is a post by tictoc detailing future releases of their products.

21-NOU-2882 18:21 FROM SCIGEN PTY LTD TO 1308380821 P. 88
SciTojet
* SeiTojet' Needle Free Delivery of SciTroplnTH and SciLin
Timetable for Future Registrations
. The anticipated medium term timetable for registration of SCiEen's
product portfolio is as follows.
Product country Approval
Sci-&Vac Hong Kong Q2 2003
SciTropin New Zealand 0 4 2002
Sci-B-Vac Philippines Approved
SciLin India Q4 2002
Sci-&Vac Singapore 0 4 2002
Sci-B-Vac India Q2 2003
Insulin Korea Q3 2003
Sci-BVac Australia Q2 2004
.......................

I think it's obvious that none of this is currently factered in to SIE's price. It's my belief that will have a very solid spike in price after the Philippines deal is announced.

Tez.

ps; in the time I took to write this the price has moved to 8.2c lol