There is now a 3:1 buyers versus sellers with modest turnover but no meaningful SP movement. The pressure is building on news expectations.
When some real good news arrives, hopefully, in the next month or 2 about the FDA requirements and/or timing of the trial then the SP will pop for the first time.
The second pop will be when (not if) some good news is announced from the trial and then it will be game on and I will change back to BUY sentiment. All I need now is to win Tatts to top up.
PTX Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
