Interesting to see if the big whales that hoover up will be back this afternoon, as they have done in the past few trading sessions. The longer we stay at this 20c plus or minus level, the more consolidated things get, so the whales have to hoover-up at higher levels to get volume. Clearly management have yet to receive the results of the PTX100 trials as otherwise we would be into a trading halt now while they pen an announcement. So its interesting to speculate on whats driving the action here from the whales. We know from preliminary data already made public that PTX100 is showing very good signs. But likely we are not as close to the action as are the big pharmas that have been following the story. In any case, follow the money... works more often than not
PTX Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
