If SpringTree hadn't come along when PRR were sub 2 cents then they'd be dead and buried by now.
I first heard the words "death spiral" when the Fortrend deal was struck by MR.... Decan may have originally suggested it.
Blimey.... The whole market has the shakes and suddenly we all have to email MR to tell him to lift the SP. Give me a break.
Mr Market wants to see results. DNDN have paved the way and now it is up to the science to see if CVac really works. That's the question here. We have 2-3 years of trials to go through before any true commercialisation is possible.
As PRR ticks more boxes along the way - ODS etc. we will see more confidence in PRR and the SP should appreciate.
PRR is sitting well at around 15c on a shocker of a day.
IMO accumulate if you can. Get out if the risk is too great for you. This was never going to be a smooth ride.
If SpringTree hadn't come along when PRR were sub 2 cents then...
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34.0¢ |
Change
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Mkt cap ! $493.8M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $1.220M | 3.642M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57289 | 33.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 52306 | 3 |
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