next stop 5 cents, page-16

I think in TA terms the next push will be back to 4c but really it's just a sit & wait - all the trading day to day is really just background noise when looking at the whole picture, firstly we don't know the actual rate of recruitment for cohort 3 & it is a significant amount of participants (far greater than any to date). There are atleast 2 pieces of news over the next 12 months that potentially lead to a significant re-rating but don't expect this until either is delivered - it wont be priced until it is there to show. However the right outcomes can easily gap to the upper target of Bell Potter report - it's about who has the patience & can take the risk on board when/if the news comes it will be to late to enter anywhere near current levels.