So we are holding around 2.5/2.6c and awaiting on the next news flow from the Dr.
What could that news flow be that will constant, impacting and possibly rerating...
To keep the average of positive news like in the post above we need to have an Ann by mid next, the first possible Ann i can think of is who is going to be the next Chair, this imho is going to guide what trajectory and the speed of things to come.
If we get someone of high calibre, experiance in our field or indeed conections to the big boys then the imminent future for PAB will gain quick traction...
The Dr knows that this position is so important to market sentiment and the right man/woman is paramount..
The resignation of the Chair would of been known to the BoD for quite some time imho and they have probably been looking for months instead of days/weeks to secure who their favourable candidate is.
Once the chair has been announced depending who it is i can see a conisitant amount of news flow to start getting this SP where it needs to be...
If the Dr is looking for one of those big Pharma deals to step in and buy us before trials then newsflow will be flying almost weekly imho, because to start negociations at these levels for partnerships/jv's/licencing is just too cheap...
With the right Chair, the VP looking for deals with her HUGE connections, lead managers in looking for potential customers for the trials more testing from left field to enhance our IP's credibilty we should be hitting highs fairly soon.
5c by Christmas? i havent mentioned this for a while, but where i see this company going in the short term now the engineering run shackles have been taken off i think that is going to be left in the wake of the rerating that is surely coming soon...
Nothing like a little pump/push/good sentiment/ to get the energy going on a Wednesday morning..
Good luck all and imho within a week(my predicament only) i can see a good Ann to start the run
PAB Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
(20min delay)