This has to be SP positive ! How much good news do you need for company to get back to previous highs? (80 cents)
Multi Big Pharma Contracts Self Funding (see recent ann.s) Multi-international key patents 'Farmed-out' drug research/trials with riding royalties accross the board Recently upgraded research Lab providing cash flow.
etc etc and now AFTER 'Biotech of the year' and 'Sullivan Award' we have this :
Phylogica Ltd (ASX: PYC, XETRA: PH7), a leading Australian drug discovery company, announced today that it has been named as one of the annual Bioshares ?Tops 10 Picks? of investment opportunities. Bioshares is a leading Australian industry journal that provides independent investment analysis on the ASX biotechnology sector. The top ten stocks are chosen from more than 100 public companies on the basis that the shares are expected to outperform the market and post significant returns over a 12-month period. The full Bioshares article on Phylogica is available to download here: from the company?s website: http://www.phylogica.com/display/index/analyst-coverage
Watch this space because IMh and well-researched opinion she's gonna fly!
PatrickM
PYC Price at posting:
6.9¢ Sentiment: LT Buy Disclosure: Held
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