Hi all Had a chat to a pal in Sydney on the weekend and he informed me he heard that Dave Hannan and interests associated with Hannan had left the room. This could only be good news for PBI as many had blamed Hannan etc for dumping when PBI had its premature run 12 months ago. I don't believe this is a coincidence in fact it's probable it's been pushed because he holds so much stock on a company that's very tightly held. We should have results from the tests in the very near future and for Hannon's stock to be soaked up without putting a dent in the price speaks volumes. I'm with Ice on this one - this will be Australia's biggest biotech this year with perhaps only SLT beating it at the post.
Cheers The Cloud
PBI Price at posting:
0.0¢ Sentiment: None Disclosure: Held