PHX 8.70% 4.2¢ pharmx technologies limited

Something brewing, page-3

  1. 2,639 Posts.
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    @roboshan
    Thanks for positing.
    My shares are not for sale at prices anything like these.
    The business is profitable and growing, there seem to be good tail winds.
    It seems to be positioned in a strategically good position within the product distribution to pharmacies. The pharmacies are now 'cutting their cloth' to take account of tightening of revenues due to the 60 day prescription change.
    I saw a pharmacy on Sydney's North Shore which had closed. Another seems to have less staffing.

    PHX management and others close to the company will be aware of the grounds lodged for the Appeal. They will have some view as to whether the appeal has a chance of success.

    There is also the possibility other will want to position if there is a re-rating of the business revenues and profits upward. Also someone may want to buy out the PHX shareholders.
 
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