Its not about the science GC its about the coys financial position . Understand this , most bio's fall over due to funding regardless of the merits of their science . This sector is littered with debris . Look at their situation , only 8m in the bank & a mountain of expensive research/trials on the agenda . If they dont get lucky with an upfront soon ( I'm hoping for AOD ) they'l have to go to the market for cash from the insto's on a substantially discounted SP & despite their best efforts they cant impress the market enough to raise the SP , witness today & as you say that was a good ann' The chance of this stock seeing 6 something cents again is probable . If the human trials for AOD dont excite the market this party is over . If thats not highly speculative what is ? Remember its not compulsory to hold stock in POH , equities are a liquid market . You can go to resources & come back any day u like and if u pay a few more cents than what u sold at its only academic in a " blockbuster "
POH Price at posting:
10.0¢ Sentiment: Sell Disclosure: Held
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