buy when everyone wants to sell..

Heavy selling has been going on for quite some time and it seems the best time to buy is when nobody is left selling...when the market is full of doomsdayers and bears,this time should be coming soon.

I have seen brokerage reports for this company talking prices of $13 and it has gotten away many placements at much higher prices meaning people thought the stock had a good future...irs future is just as good now as it ever was but the momentum has gained and the bears have taken control,the time to buy will be shortly.

Its intellectual rights along would be worth a bucketload to any major drug company ....


18 August 2004
ASX CMQ
Chemeq wins access to South African Poultry Market
Chemeq Limited Founder, Chairman and CEO, Dr Graham Melrose, today announced
that a Certificate of Registration has been granted in South Africa for Chemeq
Limited to supply its unique drug, CHEMEQ® Polymeric Antimicrobial, to South
African poultry meat (broiler) producers.
Entry to the substantial South African poultry market marks the first regulatory
approval in the world for use of the revolutionary drug in poultry, which globally
account for about 27% of all fresh meat consumed.
CHEMEQ® Polymeric Antimicrobial supersedes the problematic use of human
antibiotics in pork and poultry production.
“I am delighted to announce we have secured access to a poultry production market
similar in size to Australia, having already secured regulatory approval to supply the
South African and New Zealand pork production markets”, Dr Melrose said.
“The granting of regulatory approval for use of CHEMEQ® Polymeric Antimicrobial for
poultry in South Africa augurs well for similar approvals to be granted for poultry and
pigs in other substantial markets.”
“Today’s statement follows announcement on August 9th of production of the first
completed drug product by Chemeq Limited at its recently completed pharmaceutical
manufacturing facility”, he said.
Adam Deane
Company Secretary
08 9362 0145
Media enquiries: Peter Cassuben (02) 9965 9300