i don't get it, page-2

I think there is heaps of uncertainty in the market generally and a reasonable degree of uncertainty re ACL for reasons well discussed on this forum.
During the GFC we saw ACL at 10 cents with lots of cash still in the bank and no prospect of further CR required (until now).
Sometimes things just don't make sense and the herd mentality persists.
If the financial markets crash again people still need drugs (these are not discretionary).
The lack of follow up announcements/information and/or research updates is frustrating but I think 1. maybe we are being a little too impatient 2. I think re fonda P. Smith has made it clear that commercial sensitivities mean he has to let Dr Reddy's take the lead.
I've held a long time, have bought more since approval but even my nerve is being tested at the moment. There must be a lot of others feeling the same way.
Maybe if we were still waiting for approval acl would be in the 40's now and we should all be happy it's held up as well as it has given general market conditions.