Just one minor point yoy raise; it's been raised before as a...

Just one minor point yoy raise; it's been raised before as a possible cash source, re Prophase stock. It's listed as near cash in the accounts, but is it actually readily realisable? There is scarcely a market in the stock and in any case such a large holding could really only be sold in one go to a strategic investor. Even if one were available & willing, it would take time to sort out and, with POH as rather a forced seller, would inevitably be at a large discount to book or 'market'. Doesn't look a goer.

Spot on, I just took a look at volumes on Prophase. Average daily volume of just over 11,000 per day for the last year. At that rate it would take POH around 4-5 months to dribble it out on market. As you say they'd probably have to find someone willing to take a line at a significant discount.