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PAB Chart & TA, page-299

  1. 7,276 Posts.
    lightbulb Created with Sketch. 945
    Thanks for pointing that out Red, sometimes its easier just to look at the gloss..

    Now you have pointed it out a few things do not make sense, maybe someone can give clarity...

    From the 24/01 we hit our highs for the year 3.3c and then we get sold down pretty steady and hard(Macquarrie we know but who else?)

    This magazine is published in Feb and it clearly says in its publication
    ""Patrys has mobilized a world class team of corporate and clinical specialists to coordinate its research and development activities, in the lead up to the planned commencement of its first clinical trial CY2024""

    Now since the high of 3.3c (24th jan) to 2c(31st march) we were all under the opinion that trials were later this year and no problems with production, then on the 31st march we get the bad news and the tanking continues to 6yr lows...

    Why was the publication published in Febuary when the SP was tanking then only to be confirmed to market about the production problems and trial delays end of March?

    Heavy selling occured before the public announcement and got smashed after it, how can a publication state next year for trials before it was confirmed to the market....And WHY the heavy selling before market knew?

    Any thoughts, or have i got this completly wrong

    Also why rehash an old publish? mini pump or to steady the ship?

    Again thoughts of others

    Cheers
 
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