Ann: First Two Canines Complete Combination Therapy With PPL-1, page-71

I have no problem with news that says the dosage failed, I mean come on it was the lowest dosage, we just want to make sure we don't kill the patient at this point.

However it is inexcusable that the news was not reported sooner. This indicates (to me at least) that we holders have a major issue of trust in communication from PAA and ourselves.

They need to hire someone to manage the company's interests on ASX as clearly they are great at the sciency stuff but terrible at the share market game. Nothing wrong with being terrible at something, but you have to know your strengths and own your weaknesses and strategize to overcome them. This is not a forgiving market at present so if it were me at PAA, I would be thinking carefully about the feedback to previous announcements, presentations and the like and making positive change quickly!

At this point though, my feeling is going to be (for the moment at least) what is really going on and am I really an informed share holder?

Despite this low SP, my sentiment is now hold.