Among a whole lot of other things that have already been discussed in previous threads- I bet you if Pharmaxis(PXS) had been awarded approval by the EMA for Bronchitol, and didn't drop for $3 to 0.70 odd cents!!- Then there would be far more interest in ACL right now. Alot of retail investors and institutions who invest in the Aussie bio-tech/ Pharma sector would have got burnt.
Until the market wakes up, it's simple. You just keep BUYING at these discounted prices.
Ann: Presentation to RBS Morgans , page-4
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