PSD psivida limited

for fcks sake, page-30

  1. 709 Posts.
    AC - thanks for your blunt axe handle advice but it is a bit late to help us less knowledgable than yourself. Does your chart see it going down to 10c and turning or collapsing further.

    Agreed I should have jumped long before now and have the opportunity to buy in again at these lower levels. However, have held on the basis the in the five weeks prior to the ADS sales the Top 10 have increased their holdings from 65% to 70% of the stock, and felt that those senting the sp down could at any time send it the other way.

    Additionally it has been inferred that Pfizer is taking up the outstandind 48million shares for the ADS sale bring their stake up to about 10%.

    Would you recommend PDS as a buy at these levels or still to much risk.

    Regards,
    Aqutau



 
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