shock horror; aussie media covers unilife, page-6

Two days in a row! Well done Anna Raissis from the AFR, who writes;

"Shares in the US-based medical device company bucked the tread as the market was hit by a fit of panic selling on Tuesday. Unilife shares gained 8.6 per cent, climbing back after losses from three negative sessions, and a decline of 12.14 per cent for the year to date. The stock rebounded strongly off a 1 1/2 year low of 66c reached during trading on Monday. The market responded well to an announcement on Tuesday that the company, which designs, develops and manufactures specialty retractable syringes, is on track to begin initial production of the pre-filled syringes by the end of this month. As part of its planning, Unilife has begun to build the inventory of components to be used in the assembly of the Unifill syringe. Sales to pharmaceutical customers are expected to begin by the end of June. New York based broker Griffin Securities has a buy on the stock with a 12 month price target of $2.75."

Can the AFR take a hatrick tomorrow with news of Alan's massive show of confidence?