" mid year I can see .50c" I wish i had your eye sight blokes. All I can see is a lot of red. This is now the biggest dog in my portfolio. I am coming to the conclusion that provided they don't burn all the cash this is one to put in the bottom draw and look at every 6 months. They need to put some runs on the board (ie sales) to get this thing moving. I don't see that happening in the qtr just finished. The jan to march qtr will the interesting one.
I think we all believe in the story & potential - we just need some $ to hit the P & L. To be honest I think this can really test 18c very soon - it then might bring into play stop loss positions for the small players. Hope this doesn't happen but i am not expecting any great movement up on the SP for a number of months now.
Anyway my 2 cents worth - hope I am wrong
PBI
premier bionics limited
