Tim Boreham
From:The Australian
April 17, 201212:00AM
"Prima Biomed (PRR) 27c
OVERNIGHT, Prima chief Martin Rogers was due to tinkle the opening bell on the Nasdaq, for first trading of the ovarian vaccine developer's US-listed shares. Given the generous valuation of biotechs by US investors, it's a popular gambit. But the gains are likely to be in anticipation of the happy event, with Prima shares surging 22 per cent on Friday.
Sunshine Heart (SHC, 3c) shares listed on the Nasdaq in mid-February at a 60 per cent premium to the Aussie head stock, but are now trading 0.5c (14 per cent) lower. Artificial skin outfit Avita Medical (AVH) had a stellar run ahead of its OTCQX exchange debut a month ago, but have marked time since. Prima (market cap $270m) is a hold."
http://www.theaustralian.com.au/business/opinion/singaporeans-seek-a-golden-exchange/story-e6frg9lo-1226328214106
50 cents, page-6
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