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Ann: Pharmaxis Announces Two Board Retirements , page-15

  1. jamwolf
    5,929 Posts.
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    19/09/13
    17:29
    Post #: 12349394
    re: Ann: Pharmaxis Announces Two Board Retire... The only similarity with Ford Motor company is the rear view mirror you are using.

    It was only in January that Novaquest agreed to give them $40m in advance (coincidentally the current market cap).

    So the pharma market hasn't given up on them, even if the stock market currently has.

    Let's see if they can get a partnering deal in the next few months - this would change sentiment and valuation metrics overnight.
    PXS Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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