Is the bottom in?, page-16

There are still positions unloading whether tax related now or not, until they stop it will continue to tank and will probably trigger more sells as it goes sub 2c. Certainly forget the bottom being in yet ...maybe looking at 1.6c (cash backing)to find support strong enough to hold the line.
In saying that there has been a massive amount of accumulation and on first sign of news re Mylan , settled lawsuit with Prophase or any new licensing development which Murdoch assured shareholders were ongoing it should result in a significant snap back to 4-5c imo. The only other outlier would be Meller but you would expect that to be at least 4-6 months before coming up with a collaboration/licensing deal.
Either way its hard to find a more grossly undervalued bio that is generating growing revenues and still retains a huge amount of untapped potential oh and has about 20 or so million in cash.
I wonder how Murdoch feels about his promise to return lost shareholder value now...... having overseen a 70% collapse in the share price since taking control of the company just 5 months ago??
What an out and out disaster this has been and yet still nothing from him or the Company that goes anyway to convince the market that they are turning the ship around.
Which will be first to break 1.6c or material news significant enough to start the climb back to at least the last cr level?????