IMO we are in the end of year clearance with many facing margin...

IMO we are in the end of year clearance with many facing margin calls or having the annual review to realize losses to offset CGT on profits

Equally, in the absence of meaningful news, Mr Market is in control and he is quite confused lately.

We all know that there will be some news this year and early next year that should put the SP on track but nobody knows what outside influences will occur that may delay the inevitable.

I am sure SYC has a rough idea of what and when things will occur/improve but cannot/should not be specific until events can be announced.

While we are slightly under water relative to price paid some must be up to 2/3rd down.

My only advice is that I once retraced from $1.22 a share to 4 cents and sold for X 3 in an 18 month period - where the fundamentals hadn't changed. IMO PTX is similar but fundamentals are improving in its case. Hence, selling should only be because of immediate financial need for the future is bright.