Ann: BENITEC ANNOUNCES TT-034 CLINICAL STUDY RESULTS-BLT.AX, page-75

[QUOTE="Maxineamillion, post: 19227974, member: 43927"

Anyway, the overnight NASDAQ suggests that all is not lost and I'm hopeful for a rebound on Monday.  When a company is trading at half it's cash backing, I think it's fair to say that the worst is factored in.[/QUOTE]

Well Max, looks like another load of punters who bought in, or averaged down on the announcement last Friday are getting burnt tonight, and which most likely will flow through to ASX tomorrow.   When they pulled out of the trials earlier this year the sp dropped 50% to 11cents.   Then bounced back to 15cents,  only to meander back to the lows before punters again could not resist the "cash backing" and perhaps the spruiking that accompanied the rise.
Same thing happened again.  Perhaps some now twice bitten.?  $1.31 now, that's just 11cents off it's 52week lows.
I won't be re entering anytime soon I don't think but still watching
It's going to have to use the cash they have and strike out into something new and sexy utilising the knowledge they have gained before long term supporters ever see their money again. In my opinion.