Ann: Morgans Initiates Research Coverage, page-26

Very perceptive. It always pays to consider whether there is a hidden agenda behind the report. If you can convince some investors that they should be happy to offload at 48 cents and that there isn't much sunlight until 2020 then you might be able to shake the tree and get a good fill of fruit.

But the current big player here is Fidelity.

And for those that didn't already know, Johnsons have a controlling stake in Fidelity. Johnsons are extremely powerful, certainly powerful in the US biotech sector as well. There have been plenty of biostocks with great visions that couldn't get past first base. If they wanted to take apostion in order to crush this, they might have done it already. But MGH and other doors have opened and the interest is certainly there in a supporting capacity.

Fidelity may soon reach their target stake. but then they quite likely hand the batten over to their friends at JP Morgan or Citi (of which they are also a major shareholder). Then interconnectedness of the big boys is truly astounding.. Citi own 51% of Commbank (commsec) I could go on...

CT