The WoW Signal

Veteran investor Warwick Grigor says 4-5 baggers happen reasonably often, but greater multiples take something special. A sig % of our issued capital was issued at 2.5c and using that as the base we've moved those multiples, 4-5 on anticipation.

The drive beyond requires that unambiguous signal.I get the marketing criticism, but PharmAust hasn't quite delivered that moment yet. The price action on the last 2 price spike couldn't hold. Turnover will have cleared some low cost holders - including some placed holders by Locantro who weren't particularly committed.

PharmAust has its quirks which I and others overlooked in our early enthusiasm. The biggy is that PharmAust doesn't do fast. We can contract out so that others do fast on our behalf, but we never do it ourselves.The HC tribe quite reasonably hyped itself up on anticipation, as it's doing again ... but we peaked too early for the speed at which PharmAust operates. Don't know if this is our time but my guess is its close, maybe today, certainly within 90 days. I'd normally say very close, but you know PharmAust ...