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Ann: Positive BNC210 Phase 2 Anxiety Trial Results-BNO.AX, page-48

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heefty1

14 Posts.

22/09/16

22:57

Post #: 19362290
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Originally posted by Kiwoz48 ↑

I have just listened to the conference call. The overwhelming agreement of all of the scientists on the call was that they were very impressed, excited even about the BNC210 Phase 2 GAD test results. There was universal agreement that BNC210 has tremendous prospects etc.etc. What I find a little bizarre is that the market doesn't seem to share the same level of enthusiasm. It is like the market is treating the results the same way they would treat a set of 'bumper' drilling results from a newly formed mining company - with skepticism that these results can be repeated or are significant at all. This seems to me to be a cultural peculiarity of the Australian market and shows a level of disrespect for facts and expert opinions that is in view a self defeating character flaw. In a wiser market where expert view are better respected, the SP would be at a very different level.
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BNO Price at posting: 34.5¢ Sentiment: None Disclosure: Held
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