PHX 8.57% 3.8¢ pharmx technologies limited

Ann: Corum Clear Update, page-2

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    This looks positive, although I would be interested to hear from anyone (Roboshan?) who knows how long a Department of Human Services approval might take, and is it complex/is there a risk of non approval.
    That said, you would think with a major new product rollout coming, someone would be prepared to pay less than cash backing for this stock. Will be interesting to see what happens over the coming days/weeks as the market digests this announcement.
 
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