I think maybe even the price rise could simply be due to the completion of escrow selling? In any event, we are back towards more reasonable price levels and its made my balance sheet look very sexy this week on top of my ELK Petroleum shares doing well...another stock that could soon be $2+
I still expect big things from PXS this year & beyond. One day they'll get ASX300 inclusion - possibly even ASX200; greater cash flows, insto interest, drug related success, US focus & attention via Nasdaq and peer review articles in the Pharmaceutical periodicals. We should be on a multi-year story here going by the quality of results thus far.
Plus...we have management in Garvey et al who have been down this track before with the international investment community.
Happy holder.
Coop
PXS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
