PAA 5.56% 17.0¢ pharmaust limited

Roger Aston Interview May 2020, page-18

  1. 191 Posts.
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    I expect share price to be in the sub 10c range for the medium term, and I've made peace with that. You just had a flood of traders come in paying up to 17c who are panicking. If we go back up to 11 or 12c, expect those traders to cut their losses and drive the sp back below 10c again. It's just how the game works here I've noticed. To those concerned now, I just hope you're able to find some solace in the long term fundamentals. Roger Aston stated in the video that even the kinks like liver enzymes are highly likely to be eliminated with lower dosages. One would expect that Elanco's experts will understand how these things work a whole lot better than any of us, and at the end of the day, it's their call on if the drug is worth bringing to market. It'll be their money that talks in the end. Share price is just the combined sentiment of a lot of dummies looking in from the outside like you and me. Good luck to all, and of course all imo.
 
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