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Posted by Surges on the OBJ board

In my humble opinion, what we saw yesterday was early and aggressive buying not just into OBJ, but also into PNO and ADO which had a fantastic day.

What that tells me is that this has probably little to do with upcoming news but with at least one larger broker taking positions in the biotech market here.
The ripples in the commodity sector would have caused some brokers to shift money away from that sector into Australian biotech with its great outlook ( abdm, amg and others have continuously mentioned the upcoming strength for the sector ).
The 3 companies mentioned above have all compelling stories and it is not surprising that those companies received strong buying simultaneously.

These are good signs for things to come and the troubles of that sector will be to our advantage when invested in biotech.

Kens