Absolutely, Traderpaul. Difficult to see anything other than a continuing, if desultory, steady decline in the sp unless/until POH can announce a cash-on-the-table deal.
Phase 2 pain results, the only other possible shot in the arm, can't be available before the Half Year Results.
If there is no announced deal before then (and it must be remembered that POH have said discussions ongoing with a number of parties) then the company comments in the Results will be particularly 'interesting'.
Absolutely, Traderpaul. Difficult to see anything other than a...
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