PXS 39c only $120m, cash possible $91m at the moment ($62m on...

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    PXS 39c only $120m, cash possible $91m at the moment ($62m on 31/12/12 + $40m from NovaQuest Pharma - $11m cash outflow for Mar 2013 quarter = $91m)

    E/V is only around $29m. PXS is presenting good value at current price.
 
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