re: Ann: Patrys' PAT-SM6 Antibody Detecte... Hi Pixie,
The following document is very good, recent and also outlines some time frames and further info for you.
http://www.theceotranscript.com.au/patrysltdjune2011.pdf
Many investors are impatient and on top of this many are being hit on margin calls and lower sp across the board.
PAB is a spec long term stock and has demonstrated a fair chance at being circa 50c in just a couple of years, pending the good results continuing.
Cash burn is good and they have cash to see them through at current rates for about a year.
At the end of the day CSL have a chair at the big table and will probably put down an offer a little further down the track. The directors have a few shares and thus will automatically look out for shareholders in this regard.
It's a game of patience.
Mav
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