disappointing capital raising. watch bell potter and co cash in though with the instutional investors.
PGL is my only biotech, bought at $5.94 - 600 shares.
I wanted to invest in a cancer drug for a variety of reason. Its a timing thing. BHP was a dog when you bought it at $32 in 2006 april because it fell to $24. now its $34+ different aspect.
PGL will only suit long term investors.
AVX looks probly the best biotech stock out there in my opinion. the upside for AVX is large i beleive.
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