I'm not a chartist as such, but imo it looks loke now that it has gone through the 2.8c and 3c barriers it should maintain this position in the low 3c area at worst. Perhaps having some more speculative run ups due to dndn.
PRR have so much information still to release, things like,
How the testing which started earlier this year in Australia is going, how and when it plans to raise working capital ie in May they will be eligible to make a capital raising by issuing shares,(6 months since last dissapointing raising in December) will they do a raising of funds through Fortrend or via existing share holders? ans at what price?
will they be receiving any of the $42million annoumced by the health minister as grants for the research of cancer and specifics Ovarian Cancer(no one seems to have picked up on this).
There are many unanswered questions which all should play well for the long term investor.
These are simply my opinions and thoughts, do your own research.
Cheers
PRR Price at posting:
2.7¢ Sentiment: LT Buy Disclosure: Held
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