PRR holders will be cracking a smile by Christmas :)
http://www.theaustralian.com.au/business/opinion/no-beef-with-this-trading-halt/story-e6frg9lo-1226071973611
THINK of a port in a market storm and biotechs don't exactly come to mind, yet some of our life- science friends posted decent gains during yesterday's 0.7 per cent market rout -- mostly for no discernible reason.
Shares in Phylogica (PYC, 7c) led the way with a 4.5 per cent gain, while Tissue Therapies (TIS, 48.5c) gained 4.3 per cent. Others defying the trend: Bionomics (BNO, 63c), Starpharma (SPL, $1.48) and Prana Biotechnology (PBT, 18.5c).
One theory is that spec sectors such as biotechs are hit first in a downturn and also recover first. This was the sector's experience during and after the GFC.
With biotechs now shining,, will those gloomy brokers be cracking a smile by Christmas?
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33.0¢ |
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Mkt cap ! $479.3M |
Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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25 | 228640 | 0.325 |
15 | 272954 | 0.320 |
11 | 234565 | 0.315 |
12 | 130503 | 0.310 |
8 | 130879 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 128180 | 7 |
0.335 | 388183 | 19 |
0.340 | 308805 | 11 |
0.345 | 195175 | 8 |
0.350 | 148064 | 12 |
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