bresagen

Don't worry at all about Bresagen. They still have plenty of cash and assets in buildings and plant and equipment.

The venture capital market is trending up strongly. They'll have no trouble at all getting the cash to set up this venture from an alternate source, either here or overseas.

I reckon it's a dead set certainty that they will receive funding from another bunch of merchant bankers.

It's positive for those 3 directors to quit. They were a trio of clowns anyway.

They have plenty of cash to continue operating.

If it dips again, get more or build a new position in this handy little biotech which will run hard in the next 3 months. Don't ever write this one off. Not many shares on the market.

Good luck all you holders!

Whatever you do, don't panic and sell these ones at this price!