PSD psivida limited

I think you also need to watch the US market.The stock has...

  1. 1,325 Posts.
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    I think you also need to watch the US market.

    The stock has bounced 50% there from 70 cents to $1.15 however the US/Aussie Dollar has killed us.

    PSD is now more than 50% owned by US Investors

    So if the dollar was at say 80 cents against a $1.15 SP we would be @ 14.5 cents here which would be much better.

    Keep holding I am sure better times are to come for this stock.
 
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