getting it off my chest, page-5

Not disparaging chances of eventual success, I suspect the people who conclude it is a traders' share are probably closest to the mark. Enthusiasm waxes and wanes and trading provides its own momentum at times.

Positing a 'value' of x or y is an arbitrary valuation of the chances of commercialisation, after all, whether it is 12c or 30c, 8c or $1. On that score, the market seems to start wondering why, when it gets to around half a billion dollars without any earnings.

We have safety data and some marginal efficacy data of no real statistical significance, backed up primarily by some anecdotal evidence, claims that 'it works' and inferences drawn from the fact that some capable people of good reputation are currently involved and some other reasonably logical inferences.

Personally, I think the price is reasonably likely to run up a few more times just on trading, because it has still not done anything to make it seem like a mirage.

Each step has been at least 'real' and it is not a 'share-holder miner', like some. Last CR was from the sophisticated investors who got tapped at 28c last time (from memory).

Bit of a wait in prospect for the real SP shaping value events - the usual chance for enthusiasm taking hold once, or more, in the interim.

At least it is a ridgy didge company actually doing what is said it would do and proceeding pretty much on course.