ann out, page-21

I can't see the SP going for a run today, or tomorrow, or any time soon. If it does, it will come crashing right back down to 29-31c.

This is the nature of the spec market. Unless there is huge buying power, the SP won't change - particularly while the SPP is still going.

I've always been focused on the short-medium term prospects on stocks but the more I see these announcements, the more I am enticed to stay in PRR for the long term.

I've been reading a book lately, called "The Great Investors" by Glen Arnold, which pretty much sums up the investment strategies from the top 8 long term investers of the 20th century. All of them are a fan of qualitative analysis on the business and management. PRR ticks ALL of the qualitative management boxes, besides maybe financial management - but of course this is difficult for them as they don't yet have an income stream. They have a world-class R&D team, some of the world's best doctors and academics, working with them. They have an innovative product which WORKS, as has been proven by commercialisation in Dubai and through other tests, which has the potential to save thousands of lives.

I'm staying in PRR for a long time. The only thing that will stop me is rejection by the FDA.