Love it ,,Brilliant ,,, chuckling all morning ,, thanksHe was a share Holder ,, was pushing it at every opportunity ..
One of my Trader Mates bought 1m @9c sold @ $2 then it continued to $4 ,, we joke about it now but man I wish I had acted on that one..NZTPAA rises in small increments , I can't recall a significant % daily rise ,, The New BOD and Management Team have all the credentials to take MPL forward and present to Big Pharma .. they just need positive data from the Phase II to fuel them ..
At present PAA is now a mid term play 6 to 9 months before we can expect an SP climb from fresh positive data..
Market knows they are funded till mid next year as Healey is circa $10m plus we have the Trial Medication Manufacture. 750,000 commercially run MPL Tablets ,, the largest run in History ,, that will be of significant interest to Big Pharma as that delivers certainty of scalability , costings, logistics etc
The BOD spill was necessary but unfortunate as it knocked the wind from the sails ,, and we all know the market does not like uncertainty .. in 6 months the BOD spill will be a distant memory buried down deep in the ASX announcements..
Meanwhile I've been buying some significantly value depressed Biotechs as we roll through " The Nuclear Winter for Biotech" .."Hopper"
The Race is On ,,, Big Pharma are scouring the MND space to replace slots that have opened up due to Treatment Failures and revocation of previous FDA approvals...
The game is a foot ,, will they fill that slot before MPL completes the Phase II trialing ,, stay tuned , same MPL Time , Same MPL Channel..
Best of luck to all Holders ,, garage day today ...
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PAA rises in small increments , I can't recall a significant %...
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