Hi moreld just read your previous post and had this ready...
Good (previous) post. However, a few points of difference that persuaded me to stay with this company.
Cash burn rate, as at their latest quarter, is 2M, not the 8M+ per half as suggested.
Their current cash is 7.4M, so even if no warrants or value add options are excercised, this gives them more than three quarters.
Phase IIa is expected, the bet?, due first quarter 08...
Additionally, reading up on the organometallic chemistry along with the Abeta oligomer theory, and this is the real winner for me, am happy to place x% of pf with PBT.
Finally, not overly surprised with the safety data results.
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