Will still be keeping a close eye here at PAA,,, I still see PAA as one of the top loaded Biotechs on the ASX , Still the only baby bio with a penned agreement with a Blue Chip fortune 500 company waiting in the wings for positive results....
For what its worth , here's NZT strategy
Monitor 30 Biotechs approaching Phase I and Phase II (daily and set alerts)
Wait for a backward step in the SP , generally whole market related not individual fundamentals surrounding the company(Trade War, Virus outbreak, Trump Tweeting)
Pounce on any that drop from skittish SH 20% discount.
The day I buy I load the sell order plus 20%
Rinse and repeat.
turn around is circa up to 30 days.
also Peetee I figure no matter what I pay on Certainty at PAA 15c 20c 30c ,,Elanco will pay even more
Ann: Appendix 4C and Quarterly Update, page-66
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